Information Provided By:
Fly News Breaks for December 6, 2019
CLDR
Dec 6, 2019 | 08:25 EDT
Deutsche Bank analyst Karl Keirstead raised his price target for Cloudera to $11 from $8 saying the company for the second straight quarter posted numbers that pointed to a stabilizing business rather than one experiencing higher customer churn, postponed renewals and expansions and share losses to public cloud alternatives. While positive, the analyst prefers to stay balanced with a Hold rating, noting the company's annual recurring revenue growth profile is still only tracking in the 6%-9% zone and that secular risks remain.
News For CLDR From the Last 2 Days
There are no results for your query CLDR
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.