Caris & Co. Says This Technology Stock is a Buy

Wall St. Watchdog reveals information about hot new research in the Technology sector. Caris & Co. has updated their rating of the technology company Informatica Corporation (NASDAQ:INFA).  Their price target is $50, and their rating is Above Average.  The shares recently traded at $41.08, down $0.70, or 1.68%, on the day.  They have traded in a 52-week range of $32.53 to $62.42.  The company’s market capitalization is $4.38 billion.

About the company: Informatica Corporation provides data integration software and services.  The Company’s software allows its clients to access, integrate and trust all their information assets.  Informatica’s infrastructure software categories include data integration, cloud computing, complex event processing, application information lifecycle management, data quality, B2B Data Exchange, and others.

Competitors include: Oracle Corporation (NASDAQ:ORCL), International Business Machines (NYSE:IBM), Microsoft Corporation (NASDAQ:MSFT), Progress Software Corp. (NASDAQ:PRGS), EMC Corporation (NYSE:EMC), Pervasive Software, Inc. (NASDAQ:PVSW), Teradata Corporation (NYSE:TDC), and Cognizant Technology Solutions (NASDAQ:CTSH).

(Note: Data on stock ratings are sourced from Barrons.  Selected financial data are sourced from Google Finance.  All data are assumed to be accurate.)

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