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Informatica (INFA) Posts Strong Q4 but Valuation Not Compelling

January 25, 2013 11:43 AM EST Send to a Friend
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Price: $32.39 -2.15%

Rating Summary:
    11 Buy, 13 Hold, 0 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 10 | Down: 21 | New: 41
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Yesterday Informatica Corp (NASDAQ: INFA) reported Q4 non-GAAP EPS of $0.41, $0.04 better than the consensus of $0.37, on healthy revenue of $234.7 million.

Commenting on the news, analyst Israel Hernandez of MKM said, "After two major misses from INFA in the last two quarters, we are encouraged by a strong license beat that we attribute to improved sales execution and seasonal fourth quarter strength, which likely facilitated the closing of deals that had been pushed out over the prior few quarters."

Despite the strong results, Henandez maintained a Neutral rating on the stock due to the stock's current valuation, which is near/above MKM's fair value estimate of $35.

For an analyst ratings summary and ratings history on Informatica (NASDAQ: INFA) click here. For more ratings news on Informatica click here.

Shares of Informatica closed at $33.24 yesterday.




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