RBC Capital analyst Matthew Hedberg raised the firm’s price target on Informatica (INFA) to $25 from $22 and keeps a Sector Perform rating on the shares. The firm updated its price to reflect the company’s buyout from Salesforce (CRM) at $25 per share, adding that it sees their respective portfolios as complementary with no need of “regulatory scrutiny”, the analyst tells investors in a research note.
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