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Fly News Breaks for February 2, 2018
Feb 2, 2018 | 06:12 EDT
Cowen analyst Derrick Wood upgraded Teradata to Outperform from Market Perform and raised his price target for the shares to $50 from $37. The company enters 2018 with the most tailwinds it has seen since its 2010-2012 cyclical strength, Wood tells investors in a research note. He believes data points suggest spending conditions and Teradata's execution are improving and sees $5 in free cash flow per share power in 2021.
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