Barclays lowered the firm’s price target on OpenText to $36 from $38 and keeps an Equal Weight rating on the shares. The analyst updated the company’s model post the earnings report.
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Read More on OTEX:
- OpenText downgraded to Sector Perform from Outperform at National Bank
- OpenText Reports Fourth Quarter and Fiscal Year 2024 Financial Results, Raises Fiscal 2025 Margin Targets
- OpenText raises annual dividend 5%
- OpenText announces new $300M share repurchase plan
- OpenText reports Q4 adjusted EPS 98c, consensus $1.01
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