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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDC:
- Northland downgrades Teradata to Market Perform, awaiting stabilization
- Teradata downgraded to Market Perform from Outperform at Northland
- Positive Outlook for Teradata: Strong Cloud Performance and Strategic Positioning in GenAI Drive Buy Rating
- Teradata price target lowered to $21 from $22 at Barclays
- Teradata’s Q1 2025: Cloud Growth Amid Revenue Dip