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Fly News Breaks for March 14, 2019
CLDR
Mar 14, 2019 | 07:19 EDT
Deutsche Bank analyst Karl Keirstead lowered his price target for Cloudera to $13 from $15 and remains on the sidelines with a Hold rating following the company's Q4 results and fiscal 2020 outlook. The analyst cites expected first half of 2020 merger-related disruption and his concerns about the longer-term threat from alternative technologies for his rating.
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