Analyst Expectations For Teradata's Future
Portfolio Pulse from Benzinga Insights
Analysts have recently evaluated Teradata (NYSE:TDC), with a mix of bullish and bearish opinions. The average 12-month price target has decreased from $53.00 to $44.5, with a high estimate of $60.00 and a low estimate of $32.00. Recent actions include downgrades and lowered price targets from several analysts.
July 19, 2024 | 5:00 pm
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Teradata (NYSE:TDC) has received mixed analyst ratings recently, with the average 12-month price target dropping from $53.00 to $44.5. Several analysts have downgraded their ratings and lowered their price targets, reflecting concerns about the company's recent performance and market position.
The decrease in the average price target and multiple downgrades from analysts indicate a negative sentiment towards Teradata's short-term performance. This is likely to put downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100