Mizuho analyst Abhey Lamba upgraded Teradata two notches to Buy from Underperform and raised its price target to $50 from $32. Lamba believes Teradata's subscription-only portion of recurring revenues is underappreciated given spending dynamics. His field work indicates greater installed base stickiness and smaller workload erosion to competing cloud-native platforms. Lamba is more favorable following recent re-invigoration of product and go-to-market engines with the deployment menu extending to managed offerings housed on premise, appliances hosted at Teradata's datacenter and software-only deployments on public cloud infrastructures. The analyst believes expectations have been de-risked with potential upside over 2018-2019.