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RBC Capital Reaffirms Their Hold Rating on Open Text (OTEX)
RBC Capital analyst Paul Treiber maintained a Hold rating on Open Text yesterday and set a price target of $30.00.
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Treiber covers the Technology sector, focusing on stocks such as Constellation Software, Shopify, and Kinaxis Inc. According to TipRanks, Treiber has an average return of 9.4% and a 55.56% success rate on recommended stocks.
Currently, the analyst consensus on Open Text is a Hold with an average price target of $30.43.
OTEX market cap is currently C$7.65B and has a P/E ratio of 12.20.
Read More on OTEX:
Disclaimer & DisclosureReport an Issue
- OpenText price target lowered to $25 from $30 at Barclays
- OpenText Announces Leadership Changes to Strengthen Client Focus
- OpenText names James McGourlay as President, Chief Client Officer
- AI Daily: OpenAI touts Amazon alliance in memo
- OpenText enterprise data, AI to be available on AWS European Sovereign Cloud
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