Needham analyst Jack Andrews lowered his price target on Cloudera to $28 after its "optically messier" Q4 results requiring investors to consider a "new set of combined financials, the adoption of ASC606, deferred revenue write-downs, changes in billings duration, integration costs, and the appearance of revenue 'dis-synergies'". In spite of the post-earnings price pullback and the large number of "moving pieces", the analyst is keeping his Strong Buy rating and sees a long-term opportunity on Cloudera as "compelling", with risk-reward implied in the current valuation as "very faborable" given the consensus estimate reset.