Teradata Corp. (TDC) Tops Q1 EPS by 10c; Boosts FY16 Outlook

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Summit Research Upgrades Teradata (TDC) to Hold

May 5, 2016 12:23 PM EDT

Summit Research upgraded Teradata (NYSE: TDC) from Sell to Hold with a price target of $25.00 (from $23.00).

Analyst Srini Nandury commented, "Following Teradata's mixed qtr (revenue of $511mln versus consensus of $518, EPS was $0.47 versus consensus of $0.37) and mixed outlook (lowered revenue but maintained EPS range), we upgrade to HOLD... More