Why Teradata Stock Exploded Higher Today
Teradata (NYSE: TDC) stock rocketed 26.5% through 10:25 a.m. ET Wednesday after the company crushed its third-quarter earnings report last night.
Heading into the report, analysts forecast the data management specialist would earn $0.54 per share on $406.3 million in quarterly revenue. Teradata actually earned $0.72 per share (adjusted for one-time items) on sales of $416 million -- then guided higher for both Q4 and the year.
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Source Fool.com
Teradata Corp. Stock
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-0.850%
Currently there is a rather positive sentiment for Teradata Corp. with 5 Buy predictions and 1 Sell predictions.
With a target price of 33 € there is a positive potential of 42.24% for Teradata Corp. compared to the current price of 23.2 €.
