In a report published Friday, Morgan Stanley analyst Katy L. Huberty reiterated an Underweight rating on Teradata TDC, and raised the price target from $36.00 to $37.00.
In the report, Morgan Stanley noted, “4Q13 results were slightly better than expected while 2014 guidance was in-line with buy-side expectations. Mid-point of guidance doesn't appear conservative and implies revenue acceleration and margin improvements through the year. We model 3% revenue growth in 2014, with EDW ex-subscriptions down 4%.”
Teradata closed on Thursday at $41.00.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in