Needham & Company Downgrades Hortonworks (HDP) to Hold
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Rosenblatt Starts Hortonworks (HDP) at Buy, Sees 100%+ Upside
August 8, 2016 9:03 AM EDTRosenblatt 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 EDTCowen 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
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
