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Open Text (OTEX) Gets a Hold from TD Cowen
TD Cowen analyst David Kwan maintained a Hold rating on Open Text today and set a price target of $28.00.
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According to TipRanks, Kwan is a 4-star analyst with an average return of 8.4% and a 47.09% success rate. Kwan covers the Technology sector, focusing on stocks such as Open Text, CGI, and Lumine Group Inc.
In a report released on April 24, RBC Capital also maintained a Hold rating on the stock with a $30.00 price target.
OTEX market cap is currently C$7.72B and has a P/E ratio of 12.20.
Read More on OTEX:
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- 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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