Baird Downgrades Informatica To Neutral

Analysts at Baird downgraded Informatica

from Outperform to Neutral. The target price for Informatica has been lowered from $45 to $36. Informatica shares have dropped 7.37%over the past 52 weeks, while the S&P 500 index has gained 17.52% in the same period. Informatica's shares tumbled 11.82% to $30.80 in pre-market trading.