Teradata (TDC) Stock: $57 Price Target And Buy Rating

By Amit Chowdhry ● May 8, 2022
  • 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.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.