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Informatica downgraded to Neutral from Outperform at Baird

Baird analyst William Power downgraded Informatica (INFA) to Neutral from Outperform with a price target of $19, down from $35. The firm cites weaker trends and reduced visibility post the Q4 report for the downgrade. Informatica reported weaker Q4 results, driven by weaker renewals and higher churn across the company’s on-premise and cloud segments, the analyst tells investors in a research note. The firm says the weaker trends also negatively impacted 2025 revenue and profitability guidance.

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