Form 8-K TERADATA CORP /DE/ For: Aug 05

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Go back to Form 8-K TERADATA CORP /DE/ For: Aug 05

Teradata (TDC) PT Lowered to $32 at RBC Capital

August 6, 2024 6:43 AM EDT

RBC Capital analyst Matthew Hedberg lowered the price target on Teradata (NYSE: TDC) to $32.00 (from $40.00) while maintaining a Sector Perform rating.

The analyst comments "Teradata delivered weak results with total ARR, cloud ARR, and revenue below consensus expectations while recurring revenue... More

Teradata (TDC) PT Lowered to $34 at Evercore ISI

August 6, 2024 4:59 AM EDT

Evercore ISI analyst Chirag Ved lowered the price target on Teradata (NYSE: TDC) to $34.00 (from $46.00) while maintaining a Outperform rating.

The analyst comments "TDC delivered mixed F2Q results with total ARR of $1,465mn (down 4% in c/c) coming in below Street expectations of $1,478.1mn, but operating margins / EPS of 22.0% / $0.64 came in ahead of Street expectations of 16.4% / $0.48. Cloud ARR landed at $542mn, up 31% in c/c but only... More