Reported 1 day ago
Guggenheim analyst Howard Ma has downgraded Informatica Inc. (NYSE: INFA) from Buy to Neutral following the company's Q2 results, which exceeded expectations but were overshadowed by a pending acquisition by Salesforce. The downgrade is further emphasized by Informatica's decision not to host an earnings call or provide financial guidance, aligning with the expected acquisition price of $25 per share.
Source: YAHOO