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Equities research analysts at Mizuho increased their price target on shares of Informatica (NASDAQ:INFA) from $38.00 to $40.00 in a research note issued to investors on Thursday. Mizuho’s price target points to a potential upside of 15.31% from the company’s current price.

In other Informatica news, Director A Brooke Seawell sold 3,000 shares of Informatica stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $33.58, for a total transaction of $100,740.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Informatica (NASDAQ:INFA) traded down 1.76% on Thursday, hitting $34.08. 512,097 shares of the company’s stock traded hands. Informatica has a 52 week low of $29.87 and a 52 week high of $43.79. The stock has a 50-day moving average of $32.86 and a 200-day moving average of $36.29. The company has a market cap of $3.749 billion and a price-to-earnings ratio of 38.98.

Informatica (NASDAQ:INFA) last released its earnings results on Thursday, July 24th. The company reported $0.35 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.35. The company had revenue of $250.71 million for the quarter, compared to the consensus estimate of $251.00 million. During the same quarter last year, the company posted $0.31 earnings per share. Informatica’s revenue was up 12.7% compared to the same quarter last year. Analysts expect that Informatica will post $1.55 EPS for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays downgraded shares of Informatica from an “overweight” rating to an “equal weight” rating in a research note on Thursday. They now have a $35.00 price target on the stock. Separately, analysts at Pacific Crest initiated coverage on shares of Informatica in a research note on Thursday. They set a “sector perform” rating and a $42.00 price target on the stock. Finally, analysts at Zacks downgraded shares of Informatica from a “neutral” rating to an “underperform” rating in a research note on Wednesday, July 30th. They now have a $30.10 price target on the stock. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $40.06.

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

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