Jefferies Starts Informatica (INFA) at Buy

April 4, 2012 6:50 AM EDT
Get Alerts INFA Hot Sheet
Price: $24.79 --0%

Rating Summary:
    7 Buy, 30 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Jefferies initiates coverage on Informatica (NASDAQ: INFA) with a Buy. PT $63.00.

The firm comments, "Informatica's success with ancillary product sales remains early while secular trends including enterprise cloud and Big Data adoption should elevate growth of the company’s core data integration solutions and provide category expansion. As such, we initiate coverage with a Buy."

For an analyst ratings summary and ratings history on Informatica click here. For more ratings news on Informatica click here.

Shares of Informatica closed at $54.08 yesterday.


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