OpenText (OTEX) Price Target Raised to C$59.00 at Barclays

OpenText (TSE:OTEX) (NASDAQ:OTEX) had its price objective increased by Barclays from C$57.00 to C$59.00 in a research report sent to investors on Thursday morning.

Separately, BMO Capital Markets cut their target price on OpenText from C$42.00 to C$39.00 in a research note on Thursday.

Shares of OTEX opened at C$44.52 on Thursday. OpenText has a 52-week low of C$38.65 and a 52-week high of C$49.49.

OpenText Company Profile

Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers content solutions that provide content and records management, archiving, and email management and capture solutions, as well as Core, a software as a service based multi-tenant cloud solution; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social software, and portal.

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