Informatica (INFA +3.9%) adds to its recent rally after RBC starts coverage on the company,...
Friday, December 14, 2012, 2:03 PM ETInformatica (INFA +3.9%) adds to its recent rally after RBC starts coverage on the company, along with peers Teradata (TDC -0.6%) and Tibco (TIBX -0.2%), at Outperform. The firm notes M&A activity for big data plays is strong, but considers Informatica, Tibco, and Qlik (QLIK +1.7%) too richly priced to attract suitors. "Big Data has emerged as one of the most overused, overhyped and misunderstood terms in technology ... Regardless, it is hard to deny the exponential growth in data and, in turn, the opportunity for technology firms to benefit..."
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