BTIG Reiterates Buy Rating on Cloudera (CLDR)

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Cloudera (CLDR) PT Lowered to $28 at Needham & Company

March 14, 2019 9:10 AM EDT

Needham & Company analyst Jack Andrews lowered the price target on Cloudera (NYSE: CLDR) to $28.00 (from $31.00) while maintaining a Strong Buy rating following the company's 4Q. CLDR reported 4QFY19 results that were optically even messier than we projected. Despite a large number of moving... More