Page 2 - Open Text News Today

Canadian stocks did not have a good week. While U.S. indices rose last week, TD Bank (TD) dropped 5.89%, its worst one-day drop in years. The bank is booking $450 million in provisions for losses, bracing for U.S. regulators to crack down on its past ...

BMO Capital Markets lowered shares of Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) from an outperform rating to a market perform rating in a research note published on Friday, Marketbeat.com reports. They currently have $38.00 price target on the software maker’s stock, down from their previous price target of $50.00. OTEX has been the subject […]

Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) had its price objective decreased by Citigroup from $42.00 to $37.00 in a report released on Friday, BayStreet.CA reports. Citigroup currently has a neutral rating on the software maker’s stock. A number of other equities analysts also recently issued reports on OTEX. CIBC raised their price objective on […]

A look at equities with price momentum in both directions

Scotiabank restated their sector perform rating on shares of Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) in a research report sent to investors on Friday, Benzinga reports. A number of other research firms have also commented on OTEX. Royal Bank of Canada reissued an outperform rating and issued a $53.00 price objective on shares of […]

Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC)‘s stock had its “sector perform” rating reaffirmed by equities research analysts at Scotiabank in a research report issued to clients and investors on Friday, Benzinga reports. A number of other brokerages have also weighed in on OTEX. CIBC reduced their price target on shares of Open Text […]

Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) had its price target decreased by Barclays from $44.00 to $38.00 in a research report released on Friday morning, Marketbeat.com reports. Barclays currently has an equal weight rating on the software maker’s stock. Several other equities analysts have also recently commented on the stock. Jefferies Financial Group initiated […]

Scotiabank reaffirmed their sector perform rating on shares of Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) in a report published on Friday morning, Benzinga reports. Several other research firms also recently commented on OTEX. BMO Capital Markets downgraded shares of Open Text from an outperform rating to a market perform rating and lowered their target […]

Open Text (NASDAQ:OTEX – Free Report) (TSE:OTC) had its price target reduced by Barclays from $44.00 to $38.00 in a report released on Friday, MarketBeat Ratings reports. They currently have an equal weight rating on the software maker’s stock. Several other research analysts have also recently weighed in on the stock. TD Securities lifted their […]

NewGen Asset Management Ltd lowered its holdings in shares of Open Text Co. (NASDAQ:OTEX – Free Report) (TSE:OTC) by 18.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 422,000 shares of the software maker’s stock after selling 92,500 shares during […]