Reported 1 day ago
Informatica Inc. (NYSE: INFA) has been added to D.A. Davidson's STAMPEDE list following Salesforce's announcement of a planned acquisition valued at $8 billion. Despite a neutral rating and an $18 price target by analyst Gul Luria, the addition signifies Informatica's potential as a special situation investment. The firm maintains that, although the acquisition is likely to succeed, investors may find better opportunities among other AI stocks with higher upside potential.
Source: YAHOO