Informatica Earns Downgrade Before Potential Sale

By | March 23, 2015

Scalper1 News

Informatica (INFA) has reached its value peak before a likely eventual sale. That’s the conclusion from Rick Sherlund, an analyst for Nomura Securities who reduced his rating on the company to neutral from buy in a report on Sunday. Informatica stock on Friday reached a more than three-year high of 45.45 before closing at 44.57, up 1.6% on a Reuters report that several private equity firms were preparing potential bids after the company had hired Scalper1 News

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