Open Text price target raised to $120 from $110 at RBC Capital RBC Capital increased its price target on Open Text after the company reported stronger than expected results. The firm thinks that investors are becoming more upbeat about the company's model ,and it keeps an Outperform rating on the shares.
News For OTEX From The Last 14 Days
Check below for free stories on OTEX the last two weeks.
Open Text pops following results, first look In after hours trading the shares are up 5.8% to $51.30 following earnings. At that price next resistance is at $52.86, the 52-week high. Support is at $49.76.