Teradata (TDC) Misses Q1 EPS by 12c

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Go back to Teradata (TDC) Misses Q1 EPS by 12c

Summit Research Downgrades Teradata (TDC) to Hold

May 8, 2015 6:15 AM EDT

Summit Research downgraded Teradata (NYSE: TDC) from Buy to Hold with a price target of $42.00 (from $52.00) following a disappointing quarter.

Analyst Srini Nandury commented, "We are downgrading Teradata to Hold following yet another poor quarter. This quarter, the company missed on the top line, margins and the bottom line. Following the earnings call, we do not expect 2015 to fare better than the prior year and the business... More