Needham Issues a Hold Rating on Teradata (TDC)

Markets
In a report released today, Jack Andrews from Needham assigned a Hold rating to Teradata (TDC – Research Report). The company’s shares closed last Wednesday at $39.88.
According to TipRanks.com, Andrews is a 5-star analyst with an average return of 24.6% and a 60.4% success rate. Andrews covers the Technology sector, focusing on stocks such as CommVault Systems, LiveRamp Holdings, and Pegasystems.
Teradata has an analyst consensus of Hold, with a price target consensus of $39.30, a 2.1% upside from current levels. In a report issued on April 8, Morgan Stanley also maintained a Hold rating on the stock with a $45.00 price target.
The company has a one-year high of $59.58 and a one-year low of $17.99. Currently, Teradata has an average volume of 2.43M.

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