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Fly News Breaks for March 29, 2019
CLDR
Mar 29, 2019 | 09:49 EDT
DA Davidson analyst Rishi Jaluria kept his Buy rating and $23 price target on Cloudera after attending the Strata Data Conference this week, saying his conversations with 10 partners and customers indicate continued positive sentiment for the company's merger with Hortonworks. The analyst notes that some customers may be awaiting a full release of their platform "before significantly expanding their usage", but the "conversations and the announcements from the conference helped to gain comfort in the future of the 'new Cloudera'."
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