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Open Text (NASDAQ:OTEX) Price Target Raised to $27.00 at UBS Group
['Patrick Bannon']
Daily Political
Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC) had its price target boosted by equities research analysts at UBS Group from $25.00 to $27.00 in a research note issued on Friday,Benzinga reports.
UBS Group’s price target would suggest a potential upside of 8.26% from the company’s previous close.
Get Open Text alerts:View Our Latest Stock Analysis on OTEXOpen Text Stock PerformanceNASDAQ:OTEX traded down $0.72 during mid-day trading on Friday, reaching $24.94.
Open Text News RoundupHere are the key news stories impacting Open Text this week:Positive Sentiment: Fiscal Q4 EPS of $1.23 exceeded the $1.02 consensus estimate, while revenue of $1.33 billion topped expectations of $1.29 billion.
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