Informatica initiated with a Neutral at DA Davidson

DA Davidson initiated coverage of Informatica with a Neutral rating and $25 price target. Informatica’s product offerings are “spearheaded” by the company’s “industry-leading” PowerCenter data integration product and Informatica is expanding their product offerings in an attempt to cover more of the modern data stack, the analyst tells investors. However, the firm believes that a shifting landscape may limit longer-term growth.