In a report released today, Matthew Hedberg from RBC Capital maintained a Hold rating on Teradata (TDC – Research Report), with a price target of $48.00. The company’s shares closed yesterday at $38.41.
According to TipRanks, Hedberg is a 5-star analyst with an average return of 10.9% and a 56.44% success rate. Hedberg covers the Technology sector, focusing on stocks such as F5 Networks, Palo Alto Networks, and Elastic.
In addition to RBC Capital, Teradata also received a Hold from TD Cowen’s Derrick Wood in a report issued on February 13. However, on February 14, Citi maintained a Buy rating on Teradata (NYSE: TDC).
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Based on Teradata’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $438 million and a net profit of $12 million. In comparison, last year the company earned a revenue of $417 million and had a net profit of $8 million
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Teradata (TDC) Company Description:
Teradata Corp. engages in the provision of data platforms, consulting services, marketing, and analytic solutions. It operates through the Americas Region and International Region segments. The Americas Region segment consists of North America and Latin America. The International Region segment includes Europe, Middle East, Africa, Asia Pacific, and Japan. The company was founded on July 13, 1979 and is headquartered in San Diego, CA.
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