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

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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 2015DowngradesBuyHold
Apr 2015DowngradesBuyUnderperform

View More Analyst Ratings for INFA
View the Latest Analyst Ratings

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

 

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