Cloudera, Inc. (CLDR) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus, FY19 Revenue Mid-Point Outlook Above Consensus

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Go back to Cloudera, Inc. (CLDR) Tops Q2 EPS by 7c, Revenues Beat; Offers FY19 EPS Outlook Above Consensus, FY19 Revenue Mid-Point Outlook Above Consensus

Cloudera (CLDR) PT Raised to $23 at Needham & Company

September 6, 2018 6:42 AM EDT

Needham & Company analyst Jack Andrews raised the price target on Cloudera (NYSE: CLDR) to $23.00 (from $22.00) while maintaining a Buy rating following a "good" Q2.

Andrews commented, "CLDR reported a good 2QFY19, beating estimates and raising its full-year outlook by $5 million. Early indications from its... More