Hortonworks (NDAQ:HDP) Has Just Had Its TP Raised by Equity Research Analysts at Cowen to $11.00

June 19, 2017 - By Michael Collier

 Hortonworks (NDAQ:HDP) Has Just Had Its TP Raised by Equity Research Analysts at Cowen to $11.00

Investors sentiment increased to 1.67 in Q4 2016. Its up 0.60, from 1.07 in 2016Q3. It is positive, as 13 investors sold Hortonworks Inc shares while 17 reduced holdings. 14 funds opened positions while 36 raised stakes. 28.94 million shares or 0.53% more from 28.78 million shares in 2016Q3 were reported.

Alliancebernstein Lp owns 32,600 shares for 0% of their portfolio. Manufacturers Life Insur The holds 0% or 30,411 shares. State Of New Jersey Common Pension Fund D reported 0.02% in Hortonworks Inc (NASDAQ:HDP). Deutsche Bancorporation Ag has invested 0.01% in Hortonworks Inc (NASDAQ:HDP). Ironwood Investment Ltd Company holds 0.24% in Hortonworks Inc (NASDAQ:HDP) or 40,290 shares. Rock Point Advsr Ltd Llc invested in 1.37% or 320,095 shares. Fifth Third Retail Bank stated it has 37,000 shares or 0% of all its holdings. Portolan Capital Mgmt Lc accumulated 1.6% or 1.43 million shares. Great West Life Assurance Can reported 0% of its portfolio in Hortonworks Inc (NASDAQ:HDP). Needham Invest Limited Liability Co invested 0.17% in Hortonworks Inc (NASDAQ:HDP). Vanguard accumulated 2.79M shares. Parkwood Limited Liability Com holds 0.02% of its portfolio in Hortonworks Inc (NASDAQ:HDP) for 17,578 shares. Howe Rusling reported 0% stake. Ubs Asset Mngmt Americas Inc reported 0% stake. Geode Cap Management Lc reported 303,264 shares or 0% of all its holdings.

Stock Analysis:Hortonworks (NDAQ:HDP) Target Raised

In analysts note issued to clients and investors by Cowen on Friday, 16 June, Hortonworks (NDAQ:HDP) had its price target raised to $11.00. The firm at present has a solid Market Perform rating on shares.

Investors sentiment increased to 1.67 in Q4 2016. Its up 0.60, from 1.07 in 2016Q3. It is positive, as 13 investors sold Hortonworks Inc shares while 17 reduced holdings. 14 funds opened positions while 36 raised stakes. 28.94 million shares or 0.53% more from 28.78 million shares in 2016Q3 were reported.

Alliancebernstein Lp owns 32,600 shares for 0% of their portfolio. Manufacturers Life Insur The holds 0% or 30,411 shares. State Of New Jersey Common Pension Fund D reported 0.02% in Hortonworks Inc (NASDAQ:HDP). Deutsche Bancorporation Ag has invested 0.01% in Hortonworks Inc (NASDAQ:HDP). Ironwood Investment Ltd Company holds 0.24% in Hortonworks Inc (NASDAQ:HDP) or 40,290 shares. Rock Point Advsr Ltd Llc invested in 1.37% or 320,095 shares. Fifth Third Retail Bank stated it has 37,000 shares or 0% of all its holdings. Portolan Capital Mgmt Lc accumulated 1.6% or 1.43 million shares. Great West Life Assurance Can reported 0% of its portfolio in Hortonworks Inc (NASDAQ:HDP). Needham Invest Limited Liability Co invested 0.17% in Hortonworks Inc (NASDAQ:HDP). Vanguard accumulated 2.79M shares. Parkwood Limited Liability Com holds 0.02% of its portfolio in Hortonworks Inc (NASDAQ:HDP) for 17,578 shares. Howe Rusling reported 0% stake. Ubs Asset Mngmt Americas Inc reported 0% stake. Geode Cap Management Lc reported 303,264 shares or 0% of all its holdings.

Hortonworks Inc (NASDAQ:HDP) Ratings Coverage

Among 3 analysts covering Hortonworks (NDAQ:HDP), 0 have Buy rating, 0 Sell and 3 Hold. Therefore 0 are positive. Hortonworks has $14 highest and $11 lowest target. $12.50’s average target is -4.73% below currents $13.12 stock price. Hortonworks had 3 analyst reports since May 5, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Friday, May 5 by Oppenheimer. The rating was downgraded by Mizuho on Friday, May 26 to “Neutral”.

About 7,742 shares traded. Hortonworks Inc (NDAQ:HDP) has risen 25.48% since June 19, 2016 and is uptrending. It has outperformed by 8.78% the S&P500.

Hortonworks, Inc. is a provider and distributor of enterprise-scale data management software platforms. The company has market cap of $872.15 million. The Company’s product offerings include Hortonworks Data Platform , Hortonworks Sandbox and Hortonworks DataFlow Platform (HDF). It currently has negative earnings. It provides support subscription offerings and related professional services for its enterprise-scale Connected Data Platforms, such as HDP and HDF.

More recent Hortonworks Inc (NASDAQ:HDP) news were published by: Prnewswire.com which released: “Hortonworks Named a Leader in Big Data Warehouse Report by Independent …” on June 15, 2017. Also Prnewswire.com published the news titled: “Technical & System Software Stocks on Investors’ Radar — Nutanix, PTC Inc …” on June 01, 2017. Prnewswire.com‘s news article titled: “Hortonworks Appoints Enterprise Marketing Leader Frank Mong as Chief Marketing …” with publication date: May 22, 2017 was also an interesting one.

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