On Tuesday, Salesforce, Inc. ( CRM ) officially agreed to acquire Informatica Inc. ( INFA ) for approximately $8 billion in equity value, net of Salesforce's ( CRM ) current investment in Informatica ( INFA ).
Under the terms of the agreement, holders of Informatica's ( INFA ) Class A and Class B-1 common stock will receive $25 in cash per share.
Upon close, Salesforce ( CRM ) plans to rapidly integrate Informatica's ( INFA ) technology stack including data integration, quality, governance, and unified metadata for Agentforce, and a single data pipeline with MDM on Data Cloud.
Informatica ( INFA ) shares gained 0.5% to trade at $24.04 on Wednesday.
These analysts made changes to their price targets on Informatica ( INFA ) following the announcement.
RBC Capital analyst Matthew Hedberg maintained Informatica ( INFA ) with a Sector Perform and raised the price target from $22 to $25.
Wells Fargo analyst Andrew Nowinski maintained Informatica ( INFA ) with an Equal-Weight rating and raised the price target from $19 to $25.
Considering buying INFA stock? Here’s what analysts think:
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