Form 8-K TERADATA CORP /DE/ For: Aug 04

Go back to Form 8-K TERADATA CORP /DE/ For: Aug 04

Teradata (TDC) PT Lowered to $40 at Cowen

August 5, 2022 12:16 PM EDT

Cowen analyst J. Derrick Wood lowered the price target on Teradata (NYSE: TDC) to $40.00 (from $43.00) while maintaining a Market Perform rating following earnings.

The analyst commented, "TDC reported a good 2Q w/ ARR growth of 1% cc below our 3% est, w/ Cloud growth... More