Open Text (OTEX) Tops Q1 EPS by 13c

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Open Text (OTEX) PT Lowered to $33 at Citi

October 31, 2024 3:54 PM EDT

Citi analyst Steven Enders lowered the price target on Open Text (NASDAQ: OTEX) to $33.00 (from $34.00) while maintaining a Neutral rating.

The analyst comments "OTEX reported a mixed F1Q with growth metrics below expectations across rev/billings/bookings, yet solid outperformance on... More