INFA - Salesforce: Assessing Potential Informatica Acquisition Impact On Bullish Thesis
2024-04-14 09:58:13 ET
Summary
- Salesforce is in advanced talks to acquire Informatica, a data processing company, for around $11 billion.
- The potential deal may add volatility to Salesforce's stock but could present buying opportunities.
- Management has a strong focus on profitable growth and capital returns, including the inception of a quarterly dividend.
- I reiterate my buy rating for CRM stock.
...
Salesforce: Assessing Potential Informatica Acquisition Impact On Bullish Thesis