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Shares of Informatica (NASDAQ:INFA) have been given an average recommendation of “Buy” by the twenty-one ratings firms that are currently covering the stock, ARN reports. Six equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is $45.56.

In other Informatica news, CEO Sohaib Abbasi unloaded 33,796 shares of Informatica stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $36.55, for a total value of $1,235,243.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Informatica (NASDAQ:INFA) traded down 0.68% on Thursday, hitting $36.64. The stock had a trading volume of 32,309 shares. Informatica has a 1-year low of $32.87 and a 1-year high of $43.79. The stock’s 50-day moving average is $36.62 and its 200-day moving average is $38.97. The company has a market cap of $4.023 billion and a P/E ratio of 43.92.

Informatica (NASDAQ:INFA) last announced its earnings results on Thursday, April 24th. The company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The company had revenue of $243.10 million for the quarter, compared to the consensus estimate of $242.37 million. During the same quarter in the previous year, the company posted $0.31 earnings per share. The company’s revenue for the quarter was up 13.4% on a year-over-year basis. On average, analysts predict that Informatica will post $1.62 earnings per share for the current fiscal year.

A number of research firms have recently commented on INFA. Analysts at Goldman Sachs cut their price target on shares of Informatica from $44.00 to $39.00 in a research note on Thursday, May 22nd. Separately, analysts at Bank of America upgraded shares of Informatica from an “underperform” rating to a “neutral” rating in a research note on Monday, May 5th. They now have a $37.00 price target on the stock. Finally, analysts at TheStreet downgraded shares of Informatica from a “buy” rating to a “hold” rating in a research note on Monday, April 28th.

Informatica Corporation (NASDAQ:INFA) is an independent provider of enterprise data integration and data quality software and services.

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