Northland raised the firm’s price target on Teradata (TDC) to $37 from $24 and keeps a Market Perform rating on the shares. AI linkage “appears weak,” leading the firm to reiterate its Market Perform rating, but it is raising its multiple given signs of stability within Teradata’s business, the analyst tells investors.
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Read More on TDC:
- Teradata price target raised to $36 from $23 at UBS
- Teradata price target raised to $40 from $28 at Evercore ISI
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- Teradata: Hybrid Strength and AI Upside Offset by Soft Cloud Trends and Full Valuation, Justifying a Hold
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