Analyst Price Target Update on Teradata Corporation (NYSE:TDC)

Teradata Corporation (NYSE:TDC) shares are expected to touch $29 in the short term. This short term price target has been shared by 11 analysts. However, the standard deviation of short term price estimate has been valued at 4.1. The target price could hit $35 on the higher end and $25 on the lower end.

Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Summit Research upgrades its rating on Teradata Corporation (NYSE:TDC). The rating major has initiated the coverage with hold rating on the shares. Earlier, the shares were rated a Sell by the brokerage firm. The Analysts at Summit Research raises the price target from $23 per share to $25 per share. The rating by the firm was issued on May 5, 2016. Company shares have received an average consensus rating of Hold for the current week

On the companys insider trading activities,The officer (EVP, Intl Region & Global Svcs) of Teradata Corp /De/, Harrington Daniel L sold 9,574 shares at $27.6 on May 26, 2016. The Insider selling transaction had a total value worth of $264,242. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

Teradata Corporation (NYSE:TDC) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.35 points or 1.26% at $27.5 with 919,903 shares getting traded. Post opening the session at $27.7, the shares hit an intraday low of $27.451 and an intraday high of $27.93 and the price was in this range throughout the day. The company has a market cap of $3,575 million and the number of outstanding shares have been calculated to be 130,000,000 shares. The 52-week high of Teradata Corporation (NYSE:TDC) is $39.16 and the 52-week low is $21.98.

Teradata Corporation (Teradata) is a provider of analytic data platforms, marketing and analytic applications, and related services. The Companys analytic data platforms consist of software, hardware, and related business consulting and support services for data warehousing, and big data analytics. The Company operates in two segments: data and analytics, and marketing applications. The Companys software and hardware products include Teradata Database Software, Teradata Workload-Specific Platforms, Teradata Aster Discovery Platform, Teradata Portfolio for Hadoop, Teradata QueryGrid and Teradata Marketing Applications. Its service offerings include Teradata Business Consulting Services, Teradata Technology and Implementation Services, Teradata Cloud Services, Teradata Managed Services, Teradata Marketing Services, Teradata Customer Support Services and Training Services.

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