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Fly News Breaks for April 1, 2019
CLDR
Apr 1, 2019 | 07:22 EDT
BTIG analyst Edward Parker kept his Buy rating and $22 price target on Cloudera after attending the Strata Data Conference in San Francisco, saying he believes the merger with Hortonworks appears to be progressing well, with personnel and product roadmap decisions completed against a critical timetable. The analyst also says that customer and partner feedback is positive and suggests no disruption. The next few months are critical from an execution standpoint, Parker says, but adds that "things are looking good so far."
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