What Can We Expect From Cloudera (CLDR) After Nomura’s Latest Coverage?

June 15, 2018 - By Adrian Erickson

Why Has Nomura Given Cloudera (CLDR) a $12.0 Price Target

Equity analysts at Nomura began coverage on shares of Cloudera (CLDR) in an analyst note revealed to clients and investors on Friday, 15 June. The firm set Reduce rating on the stock. Nomura’s price target of $12.0 suggests potential of -20.69 % from the stock’s stock close price.

Cloudera, Inc. (NYSE:CLDR) Ratings Coverage

Among 14 analysts covering Cloudera Inc (CLDR), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Cloudera Inc has $2600 highest and $14 lowest target. $21.10’s average target is 40.39% above currents $15.03 stock price. Cloudera Inc had 21 analyst reports since December 18, 2017 according to SRatingsIntel. The firm earned “Hold” rating on Wednesday, April 4 by J.P. Morgan. The stock of Cloudera, Inc. (NYSE:CLDR) earned “Neutral” rating by JP Morgan on Wednesday, April 4. On Friday, April 13 the stock rating was maintained by Mizuho with “Buy”. On Wednesday, April 4 the stock rating was maintained by Morgan Stanley with “Equal-Weight”. On Tuesday, January 9 the stock rating was upgraded by Mizuho to “Buy”. The rating was maintained by DA Davidson on Friday, June 8 with “Neutral”. The rating was downgraded by Deutsche Bank on Wednesday, April 4 to “Hold”. The stock of Cloudera, Inc. (NYSE:CLDR) has “Buy” rating given on Wednesday, April 4 by Stifel Nicolaus. The company was maintained on Thursday, June 7 by Morgan Stanley. The rating was upgraded by Citigroup on Wednesday, January 10 to “Buy”.

The stock decreased 3.65% or $0.57 during the last trading session, reaching $15.03. About 2.58 million shares traded. Cloudera, Inc. (CLDR) has declined 28.98% since June 15, 2017 and is downtrending. It has underperformed by 41.55% the S&P500.

Cloudera, Inc. operates a data management, machine learning, and analytics software platform in the United States, Europe, and Asia. The company has market cap of $2.23 billion. The companyÂ’s platform delivers an integrated suite of capabilities for data management, machine learning, and analytics to clients for transforming their businesses. It currently has negative earnings. It provides Cloudera Essentials and Cloudera Enterprise solutions; Cloudera Data Science for programmatic preparation, predictive modeling, and machine learning; Cloudera Real Time for online, streaming, and real-time applications; and Cloudera Analytics for business intelligence and SQL analytics.

More important recent Cloudera, Inc. (NYSE:CLDR) news were published by: Seekingalpha.com which released: “Oracle’s Latest Acquisition Could Dim Cloudera’s Dreams” on May 22, 2018, also Profitconfidential.com published article titled: “Cloudera Stock: Battered Cloud Data Play Rallying After Oversold Selling”, Seekingalpha.com published: “Cloudera: Not All Big Data Companies Are Created Equal” on June 12, 2018. More interesting news about Cloudera, Inc. (NYSE:CLDR) was released by: 247Wallst.com and their article: “Palo Alto Networks, Ambarella, Broadcom and More Major Earnings Coming This Week” with publication date: June 03, 2018.

Cloudera, Inc. (NYSE:CLDR) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: