OpenText Completes Divestiture of Application Modernization and Connectivity (AMC) Business to Rocket Software for $2.275B

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 7/5/2026

1. KRG
2. ALAR
3. SPY
4. CCH:LN
5. META
6. CCHGY
7. PRY:IM
8. PRYMY
9. SKA-B
10. PBA

Go back to OpenText Completes Divestiture of Application Modernization and Connectivity (AMC) Business to Rocket Software for $2.275B

Open Text (OTEX) PT Lowered to $37 at Citi

May 3, 2024 7:16 AM EDT

Citi analyst Steven Enders lowered the price target on Open Text (NASDAQ: OTEX) to $37.00 (from $42.00) while maintaining a Neutral rating.

The analyst comments "OTEX reported mixed in-q results with a $13M rev beat vs. cons (+0.9% vs 2.6% 4Q avg) yet missed cons... More