Analyst Rating Update on Teradata Corporation (TDC)

Teradata Corporation (NYSE:TDC) has an average broker rating of 3, which is interpreted as a Hold, as rated by 16 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Teradata Corporation (NYSE:TDC) : Currently there are 10 street experts covering Teradata Corporation (NYSE:TDC) stock. The most bullish and bearish price target for the stock is $35 and $25 respectively for the short term. The average price target of all the analysts comes to $28.9. The estimated standard deviation from the target is $4.31.

Company shares have received an average consensus rating of Hold for the current week Also, Cowen & Company initiates coverage on Teradata Corporation (NYSE:TDC). The shares have now been rated Market Perform by the stock experts at the ratings house. The rating by the firm was issued on June 24, 2016.

Teradata Corporation (NYSE:TDC): stock turned positive on Tuesday. Though the stock opened at $25.01, the bulls momentum made the stock top out at $25.23 level for the day. The stock recorded a low of $24.48 and closed the trading day at $24.87, in the green by 1.76%. The total traded volume for the day was 1,633,411. The stock had closed at $24.44 in the previous days trading.

In an insider trading activity, Harrington Daniel L, officer (EVP, Intl Region & Global Svcs) of Teradata Corp /De/, unloaded 9,574 shares at an average price of $27.6 on May 26, 2016. The total amount of the transaction was worth $264,242, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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