UPDATE: Nomura Downgrades Informatica to Neutral on Less Compelling Risk/Reward
In a report published Friday, Nomura analyst Jonathan Hodgkinson downgraded the rating on Informatica Corporation (NASDAQ: INFA ) from Buy to Neutral, but reiterated the $40.00 price target. In the report, Hodgkinson noted, “The infrastructure software environment continues to be challenging with the ongoing mid-cycle slowdown in capital spending in
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