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Fly News Breaks for May 24, 2017
HDP
May 24, 2017 | 07:28 EDT
Bernstein analyst Zane Chrane started coverage of Hortonworks with a $21 price target and an Outperform rating. The analyst calls the company " a relatively cheap call option on growth in Big Data and IoT." He says it will be volatile in the nearer term but should exceed revenue expectations in the longer term.
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