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Fly News Breaks for June 7, 2018
CLDR
Jun 7, 2018 | 06:55 EDT
Mizuho analyst Abhey Lamba says Cloudera's consumption metrics "seem healthy" following the company's Q1 results. Commentary indicated progress in sales execution initiatives will drive better expansion bookings, Lamba tells investors in a research note. The analyst views the stock's risk/reward as compelling and keeps a Buy rating on the shares with an $18 price target.
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