Baird raised the firm’s price target on Informatica (INFA) to $25 from $19 and keeps a Neutral rating on the shares. The firm updated its price to reflect its buyout from Salesforce (CRM) at $25 per share.
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Read More on INFA:
- ‘Time to Judge Salesforce’s (NYSE:CRM) $8B Bet,’ Wall Street Analysts Weigh In
- Informatica price target raised to $25 from $19 at Wells Fargo
- Informatica downgraded to Peer Perform from Outperform at Wolfe Research
- Salesforce’s Acquisition of Informatica: Downgrade to Hold Amid Limited Immediate Gains and Legacy Challenges
- Informatica downgraded to Hold from Buy at Truist