Goldman Sachs Starts Hortonworks (HDP) at Buy

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Drexel Hamilton Starts Hortonworks (HDP) at Buy, $44 PT

December 15, 2015 6:56 AM EST

Drexel Hamilton initiates coverage on Hortonworks (NASDAQ: HDP) with a Buy rating and a price target of $44.00.

Analyst Brian White highlighted:

We are initiating coverage of Hortonworks with a BUY rating and a 12-month price target of $44.00.Hortonworks represents one of the few pure plays for investors in the Big Data movement and the fastest growing company in our coverage universe.After a strong IPO debut just over a year ago, Hortonworks stock is down 28% year-to-date and we believe presents an attractive entry point in this Hadoop... More