Market Overview

Mizuho Securities USA Feels Confident in Informatica Ahead of 1Q14 Results

Share:

In a report published Wednesday, Mizuho Securities USA analyst Abhey Lamba reiterated a Buy rating and $50.00 price target on Informatica (NASDAQ: INFA).

In the report, Mizuho Securities USA noted, “INFA will report results on April 24. We expect results to be slightly ahead of the upper end of guidance and consensus. Our checks indicated that the spending environment remained strong and we expect benefit from continued execution improvements. For guidance, we expect management to tighten and slightly raise the upper end of its full year outlook.

"For 2Q14, we expect guidance to be relatively in-line with consensus. INFA should continue to benefit from improving execution while its non-ETL solutions have room to grow. We are reiterating our Buy rating and $50 PT.”

Informatica closed on Tuesday at $36.63.

Latest Ratings for INFA

DateFirmActionFromTo
Apr 2015DowngradesMarket OutperformMarket Perform
Apr 2015DowngradesBuyUnderperform
Apr 2015DowngradesBuyHold

View More Analyst Ratings for INFA
View the Latest Analyst Ratings

Posted-In: Abhey Lamba Mizuho Securities USAAnalyst Color Reiteration Analyst Ratings

 

Related Articles (INFA)

View Comments and Join the Discussion!

Latest Ratings

StockFirmActionPT
REALDA DavidsonInitiates Coverage On22.0
RVLVDA DavidsonInitiates Coverage On19.0
SFIXDA DavidsonInitiates Coverage On27.0
CONNKeyBancDowngrades
PENNJP MorganMaintains29.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Mizuho Securities USA Lowers Revenue Outlook on Motorola Solutions

UPDATE: Cantor Fitzgerald Reiterates on Yahoo as Muted Results Hide Improvements in Core