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Fly News Breaks for February 8, 2019
TDC
Feb 8, 2019 | 09:31 EDT
BMO Capital analyst Keith Bachman raised his price target on Teradata to $45 after its better than expected Q4 results and recurring revenue but kept his Market Perform rating to reflect the more mixed 2019 outlook. The analyst cites the management's view of a "meaningful decline in perpetual revenues" along with a 15-20% decline in consulting income.
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