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Fly News Breaks for February 8, 2019
TDC
Feb 8, 2019 | 09:30 EDT
Cowen analyst Derrick Wood raised his price target on Teradata to $55 from $51 following Q4 results. The analyst saw an acceleration of revenues from last quarter, aided by a ramp of the new Vantage offering, robust activity with core customers, and a large subscription deal that was pushed form Q3 into Q4. Wood reiterated his Outperform rating on Teradata shares.
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