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Fly News Breaks for January 23, 2018
TDC
Jan 23, 2018 | 08:14 EDT
As previously reported, Morgan Stanley analyst Katy Huberty upgraded Teradata to Equal Weight from Underweight, stating that the company's newer flexible pricing models and increasing deployment options appear to be resonating well, which she sees supporting an inflection to revenue growth. The analyst, who also sees the company as a beneficiary of stronger IT budget growth, margin expansion, and tax reform, raised her price target on Teradata shares to $40 from $31.
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