RBC Capital Maintains Sector Perform on Teradata, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains a Sector Perform rating on Teradata (NYSE:TDC) but lowers the price target from $40 to $32.
August 06, 2024 | 1:25 pm
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RBC Capital analyst Matthew Hedberg maintains a Sector Perform rating on Teradata but lowers the price target from $40 to $32.
The lowered price target from $40 to $32 by RBC Capital suggests a less optimistic outlook for Teradata's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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