Form 8-K Hortonworks, Inc. For: Aug 04
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Pacific Crest Downgrades Hortonworks (HDP) to Sector Weight
August 5, 2016 7:01 AM EDTPacific Crest downgraded Hortonworks (NASDAQ: HDP) from Overweight to Sector Weight and removed its price target. Analyst Brent Bracelin said its billings shortfall elevates execution risks.
"The $6.2 million billings shortfall, coupled with the departure of the president, adds a significant amount of execution... More
