The Analyst Landscape: 9 Takes On Teradata
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Teradata (NYSE:TDC), with recent ratings ranging from bullish to bearish. Over the past quarter, sentiments have shifted, with a notable decline in the average 12-month price target from $55.62 to $49.11, reflecting a 11.7% decrease. Analyst actions include lowering and raising price targets, indicating a dynamic perception of Teradata's market position. Despite this, Teradata's financial performance shows challenges in revenue growth, profitability, and debt management compared to industry peers.
May 07, 2024 | 12:00 pm
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Teradata's stock may experience short-term volatility due to mixed analyst ratings and a notable decrease in the average 12-month price target. Financial challenges such as lower revenue growth and profitability, along with a high debt-to-equity ratio, may also impact investor sentiment.
The mixed analyst ratings, with some lowering and others maintaining or raising their price targets, indicate uncertainty about Teradata's future performance. The decrease in the average 12-month price target suggests a recalibration of expectations, possibly due to the financial challenges highlighted, such as lower than average revenue growth, profitability issues, and a high debt-to-equity ratio. These factors contribute to the potential for short-term volatility in Teradata's stock price, as investors digest the varied analyst perspectives and consider the company's financial health.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100