Deutsche Bank raised the firm’s price target on Informatica to $31 from $23 and keeps a Buy rating on the shares following the analyst day. The firm says the fruits of Informatica’s multi-year cloud journey are now coming into clearer view.
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Read More on INFA:
- Informatica price target raised by $7 at Guggenheim, here’s why
- Informatica initiated with a Neutral at DA Davidson
- Informatica reports Q3 adjusted EPS 27c, consensus 23c
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