Informatica (INFA) PT Lowered to $18 at Cantor Fitzgerald
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Goldman Sachs Downgrades Informatica (INFA) to Neutral
February 14, 2025 10:45 AM ESTGoldman Sachs analyst Kash Rangan downgraded Informatica (NYSE: INFA) from Buy to Neutral with a price target of $20.00 (from $38.00).
The analyst comments "We are downgrading Informatica to Neutral (from Buy) with a 12-m $20 Price Target (vs. $38 prior). Our Buy thesis, which did not play out, had been predicated on Informatica successfully executing on its Cloud transition, paving the way to accelerating ARR/Revenue growth and higher FCF generation relative to the companys mid-term... More
