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Informatica (NYSE:INFA) Price Target Lowered to $40.00 at Wells Fargo & Company

Informatica (NYSE:INFA – Get Free Report) had its price target dropped by stock analysts at Wells Fargo & Company from $45.00 to $40.00 in a report issued on Tuesday, Benzinga reports. The firm presently has an “overweight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective suggests a potential upside of 26.86% […] ....

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Salesforce Talks with Informatica Cool Over Price

(Bloomberg) Salesforce Inc.’s takeover talks with Informatica Inc. have cooled with both parties struggling to agree to terms, according to a person familiar with the matter.Most Read from BloombergTikTok to Remove Executive Tasked With Fending Off US ClaimsElon Musk’s Robotaxi Dreams Plunge Tesla Into ChaosTesla Spends Weekend Cutting Prices of Cars and FSD SoftwareTrump Has Only $6.8 Million for Legal Fees With Trial UnderwayThe Fed’s Forecasting Method Looks Increasingly Outdated as Bernan ....

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Salesforce abandons pursuit of Informatica, source says

(Reuters) -Business software maker Salesforce has backed away from its talks to acquire data-management software firm Informatica after the two companies could not agree on terms, a person familiar with the matter told Reuters on Sunday. If the two sides had agreed on a deal, it would've ranked as one of Salesforce's biggest acquisitions. Salesforce and Informatica did not immediately respond to requests for comment from Reuters. ....

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Salesforce ditches deal to buy Informatica

The deal, worth about $10 billion, would have been one of Salesforce's largest acquisitions ever ....

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