Cloudera's Q4 results were a "curveball," complicated by the earlier than expected ASC 606 adoption and the incorporation of about a month of Hortonworks contribution, which not only create comparability challenges versus consensus numbers but also make it difficult to pinpoint leading indicators of growth, JPMorgan analyst Mark Murphy tells investors in a post-earnings research note. On the positive side, Cloudera maintained its fiscal 2021 revenue target of over $1B for the combined company, implying a 20% growth rate, says the analyst. However, on the negative side, Cloudera is reducing its fiscal 2021 operating cash flow margin target from 15% to 10%, and guiding to cash burn for fiscal 2020, Murphy points out. The analyst lowered his price target for Cloudera to $16 from $18 and keeps a Neutral rating on the shares.