Pacific Crest Downgrades Hortonworks (HDP) to Sector Weight

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/3/2026

1. SNOW
2. AVGO
3. RARE
4. HPE
5. FIVE
6. SPY
7. VRTS
8. NTAP
9. OLLI
10. NTSK

Go back to Pacific Crest Downgrades Hortonworks (HDP) to Sector Weight

Rosenblatt Starts Hortonworks (HDP) at Buy, Sees 100%+ Upside

August 8, 2016 9:03 AM EDT

Rosenblatt initiates coverage on Hortonworks (NASDAQ: HDP) with a Buy rating and a price target of $20.00, suggesting more than 100% upside from current levels. The bullish rating comes following the recent sell-off on weak Q2 earnings.

Analyst Marshall Senk commented, "Hortonworks is uniquely positioned to ride two of the most significant waves in the tech sector today... More

Hortonworks (HDP) PT Cut to $8 at Cowen on Weak Q2, Outlook

August 5, 2016 7:42 AM EDT

Cowen analyst J. Derrick Wood reiterated an Market Perform rating and cut his price target on Hortonworks (NASDAQ: HDP) to $8.00 (from $11.00) following weak Q2 results and guidance.

Wood commented, "While the 2Q miss/guide-down was labeled as an execution issue that can... More

Needham & Company Downgrades Hortonworks (HDP) to Hold

August 5, 2016 7:36 AM EDT

Needham & Company downgraded Hortonworks (NASDAQ: HDP) from Buy to Hold.

Analyst Richard Kugele commented, " If HDP were another company, with a long track record of execution and delivering on bold goals that require some faith, the relatively minor top and bottomline miss... More

Hortonworks (HDP) Misses Q2 EPS by 2c; Issues Weak Outlook

August 4, 2016 4:26 PM EDT

Hortonworks (NASDAQ: HDP) reported Q2 EPS of ($0.72), $0.02 worse than the analyst estimate of ($0.70). Revenue for the quarter came in at $43.6 million versus the consensus estimate of $45.26 million.

GUIDANCE:

Hortonworks sees Q3 2016 revenue of $45 million, versus the consensus of $49.3... More