Morgan Stanley Raises Bull Case On Teradata

According to Morgan Stanley, Teradata TDC bull case is raised to reflect potential channel partners. Morgan Stanley said that many investors are missing the market expansion opportunity at Teradata, which drove the recent upgrade to Overweight. “We have increased confidence in our above consensus revenue growth forecast as new data points emerge about the potential for Teradata to sell its appliance products geared toward the mid-market through partners.” Teradata closed on Friday at $52.98.