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As we see it, Open Text remains one of Canada’s best tech stocks.
CIBC raised their target price on Open Text from $41.00 to $42.00 and gave the company a “neutral” rating in a report on Friday, August 4th.
However, investors appreciated that Open Text posted earnings per share of $1.01, beating the 91-cent consensus view.
Source: https://investorplace.com/2023/11/tech-with-benefits-7-stocks-offering-growth-and-passive-income/
Larson Financial Group LLC acquired a new stake in Open Text during the third quarter worth $27,000.
Power Corp of Canada bought a new position in Open Text during the 1st quarter valued at about $43,000.
TD Securities boosted their target price on Open Text from $50.00 to $52.00 and gave the stock a “buy” rating in a research report on Friday, May 5th.