OpenText Reports Q3 F'24 Financial Results

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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