Stifel Nicolaus Analysts Begin Coverage on Teradata (TDC)

By admin | 6 years ago

Research analysts at Stifel Nicolaus assumed coverage on shares of Teradata (NYSE: TDC) in a report released on Friday. The firm set a “hold” rating on the stock.

Shares of Teradata traded down 0.60% during mid-day trading on Friday, hitting $72.70. Teradata has a one year low of $43.19 and a one year high of $71.02. The company has a market cap of $12.206 billion and a P/E ratio of 33.25.

Teradata last issued its quarterly earnings data on Thursday, May 3rd. The company reported $0.60 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.56 by $0.04. The company’s quarterly revenue was up 21.1% on a year-over-year basis. On average, analysts predict that Teradata will post $0.68 earnings per share next quarter.

A number of other analysts have also recently weighed in on TDC. Analysts at Susquehanna upgraded shares of Teradata from a “neutral” rating to a “positive” rating in a research note to investors on Tuesday, May 1st. Separately, analysts at Jefferies Group (NYSE: JEF) initiated coverage on shares of Teradata in a research note to investors on Tuesday, April 3rd. They set a “hold” rating on the stock. Finally, analysts at Morgan Stanley (NYSE: MS) raised their EPS on shares of Teradata in a research note to investors on Friday, March 2nd. They now have an “overweight” rating and a $75.00 price target on the stock.

Teradata Corporation (Teradata) is a provider of enterprise data warehousing (EDW), including enterprise analytic technologies and services.

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