Teradata Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Teradata Corporation (NYSE:TDC) is expected to report higher Q3 earnings at 42 cents per share, up from 31 cents per share a year ago. The company's revenue is projected to be $437.5 million, compared to $421.61 million in the year-ago period. Teradata's shares gained 3.2% to close at $44.50 on Friday. Several analysts have recently adjusted their price targets for the company, with most maintaining a positive outlook.
November 06, 2023 | 6:25 am
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Teradata is expected to report higher Q3 earnings, which has led to a positive sentiment among analysts. The company's shares gained 3.2% recently.
The news directly pertains to Teradata's upcoming Q3 earnings report, which is expected to be higher than the previous year. This positive outlook is reflected in the recent gain in the company's share price. Several analysts have also adjusted their price targets for the company, with most maintaining a positive outlook. This could potentially lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100