Wedbush Assumes Coverage on Informatica (INFA) with an Outperform; Strong, Experienced Management Team Instills Confidence

September 9, 2010 9:14 AM EDT Send to a Friend
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Price: $35.57 +1.08%

Rating Summary:
    10 Buy, 11 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 11 | Down: 35 | New: 23
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Wedbush assumes coverage on Informatica (Nasdaq: INFA) with an Outperform rating. PT $38.

Wedbush analyst says, "We would advise investors to establish or add to existing positions in INFA shares on any pullbacks. In our view, Informatica's strong business momentum exiting the recession due to its unique focus on data integration solutions cause us to believe the company will continue to meet or exceed consensus growth
estimates for the next several quarters."


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