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Teradata price target raised to $24 from $22 at Barclays

Barclays analyst Raimo Lenschow raised the firm’s price target on Teradata (TDC) to $24 from $22 and keeps an Underweight rating on the shares. The company “deserves credit” for delivering better profits and cash flow, but it faces a more challenged growth outlook from here, the analyst tells investors in a research note.

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