Cloudera, Inc. (CLDR) calls active after sharp rally
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Needham & Company Reiterates Hold Rating on Cloudera (CLDR) Following Reports of Takeover Interest
June 10, 2020 8:03 AM EDTNeedham & Company analyst Jack Andrews reiterated a Hold rating on Cloudera (NYSE: CLDR) following Bloomberg reports that the company is exploring a potential sale after receiving takeover interest.
Andrews believes the most likely strategic acquirer of CLDR would be IBM, given that the... More
