Guggenheim lowered the firm’s price target on Teradata (TDC) to $35 from $37 and keeps a Buy rating on the shares. Teradata had “a decent start to the year” following a Q4 reset, guided Q2 in line except for some EPS seasonality, and maintained nearly all key full-year guidance metrics, which the firm believes are “appropriately set,” the analyst tells investors in a post-earnings note.
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