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UPDATE: Stifel Nicolaus Raises PT to $41 on Informatica Following Results

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Stifel Nicolaus reiterated its Buy rating on Informatica (NASDAQ: INFA) and raised its price target from $37.00 to $41.00.

Stifel Nicolaus noted, "Informatica reported 4Q12 financial results after market close on January 24, 2013. Following two of the most challenging quarters in the company's history, the company posted an impressive bounce-back quarter (relative to expectations, at least). … Guidance solidly above the Street, but appears to leave room for upside if sales productivity indeed returns."

Informatica closed at $33.24 on Thursday.

Latest Ratings for INFA

DateFirmActionFromTo
Sep 2014BarclaysDowngradesOverweightEqual-weight
Sep 2014Pacific CrestMaintainsMarket Outperform
Jul 2014NomuraUpgradesNeutralBuy

View More Analyst Ratings for INFA
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Price Target Intraday Update Analyst Ratings

 

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