- The shares of Teradata (NYSE: TDC) have received a $57 price target from Craig-Hallum. These are the details.
The shares of Teradata (NYSE: TDC) have received a $57 price target from Craig-Hallum. And Craig-Hallum analyst Chad Bennett is maintaining a “Buy” rating on the shares.
Bennett adjusted the rating following the company’s first-quarter results. Teradata reported a Q1 EPS of $0.07, which was $0.58 less than analyst estimates of $0.64. And the revenue for the quarter was $496 million compared to the consensus estimate of $492.68 million.
In terms of guidance, Teradata expects a Q2 2022 EPS of between $1.55 and $1.65, compared to the consensus of $1.89. And total revenue is now expected to decline in the mid-to-high-single-digit percentage range year-over-year as reported.
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