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Fly News Breaks for September 25, 2019
Sep 25, 2019 | 09:23 EDT
DA Davidson analyst Rishi Jaluria raised his price target on Cloudera to $11 and kept his Buy rating after his discussion with its management that featured presentations by CEO Marty Cole, CMOMick Hollison, and CPO Arun Murthy. The analyst says the discussions indicated that 19 large enterprises are actively previewing Cloudera Data Plaform, while over 50 companies are pending preview. Jaluria added that the management was also confident in CDP's "natively-integrated services, openness, and Shared Data Experience framework" offering customers a competitive advantage.
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