Barclays analyst Raimo Lenschow raised the firm’s price target on Teradata to $35 from $33 and keeps an Underweight rating on the shares. The analyst says better Q4 results amid low expectations should be a catalyst for the shares. However, investors "may not necessarily rush into the name" until Teradata demonstrates consistent, positive top-line growth given recent headwinds, the analyst tells investors in a research note.
Published first on TheFly
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