Cowen analyst J. Derrick Wood raised the firm’s price target on Teradata to $40 from $36 and keeps a Market Perform rating on the shares. The analyst views 4Q as solid execution in a tough environment and evidence of strengthened customer engagement, but notes Teradata now enters a seasonally slower 1H.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on TDC: