UPDATE: Informatica (INFA) Ramps on Takeover Chatter

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Nomura Securities Downgrades Informatica (INFA) to Neutral

March 23, 2015 6:57 AM EDT

Nomura Securities downgraded Informatica (NASDAQ: INFA) from Buy to Neutral and maintained a price target of $45 on valuation.

Analyst Rick Sherlund commented, "Shares of Informatica have reached our target price of $45 and we are reducing our rating to Neutral from Buy. Press... More