Teradata price target lowered to $40 from $46 at TD Cowen
The Fly

Teradata price target lowered to $40 from $46 at TD Cowen

TD Cowen analyst J. Derrick Wood lowered the firm’s price target on Teradata to $40 from $46 and keeps a Hold rating on the shares. The firm siad they reported a weak 1Q with ARR growth below Cowen’s estimates including Cloud growth below estimates driven by lighter expansion/migrations.

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