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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Technology

Technology

Needham Endorses Salesforce’s (CRM) Informatica Deal, Keeps $400 Target

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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84% Informative

Scott Berg , an analyst at Needham , gave Salesforce Inc.’s acquisition of Informatica a thumbs-up on May 28 , reiterating his Buy rating and keeping his price target intact at $ 400 .

Berg believes the acquisition makes strong strategic sense, as Informaticsa 's data integration platform will strengthen Salesforce's ecosystem of data and AI offerings.

VR Score

83

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81

Neutral language

79

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formal

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English

Language complexity

71

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Attention-grabbing headline

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not detected

Time-value

medium-lived

Source diversity

1

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