Mizuho Sets Informatica Price Target at $47.00 (INFA)
A number of other analysts have also recently weighed in on INFA. Analysts at Stifel Nicolaus raised their price target on shares of Informatica from $54.00 to $56.00 in a research note to investors on Friday, April 20th. They now have a “buy” rating on the stock. Separately, analysts at MKM Partners initiated coverage on shares of Informatica in a research note to investors on Tuesday, April 10th. They set a “neutral” rating on the stock. Finally, analysts at Jefferies Group (NYSE: JEF) initiated coverage on shares of Informatica in a research note to investors on Tuesday, April 3rd. They set a “buy” rating on the stock.
Informatica opened at 42.42 on Thursday. Informatica has a 1-year low of $34.15 and a 1-year high of $62.42. The company has a market cap of $4.592 billion and a price-to-earnings ratio of 38.82.
Informatica last released its earnings data on Thursday, April 26th. The company reported $0.35 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.33 by $0.02. The company’s quarterly revenue was up 16.7% on a year-over-year basis. Analysts expect that Informatica will post $0.38 EPS next quarter.
Informatica Corporation (Informatica) is the provider of enterprise data integration and data quality software and services.