Hortonworks (HDP) Misses Q2 EPS by 2c; Issues Weak Outlook
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/2/2026
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Oil prices jump 4% as fresh US-Iran fighting stokes supply fears
- Two Saudi tankers struck in Strait of Hormuz Monday
- Dell again lifts annual forecasts as AI demand powers record results
- Fed’s Barr backs rate hike if inflation fails to cool, September odds hit 66%
- GoPro to merge with Starman Optical in $285M recapitalization deal
- GoPro (GPRO) Halted, News Pending
- Wall Street ends lower as higher yields, rising oil prices mark shaky start to September
- Gap taps Coach architect Reed Krakoff for $29.95-$498 handbag line
- Comstock Resources signs $1.65B deal with SOCAR, $450M JV
Rosenblatt Starts Hortonworks (HDP) at Buy, Sees 100%+ Upside
August 8, 2016 9:03 AM EDTRosenblatt initiates coverage on Hortonworks (NASDAQ: HDP) with a Buy rating and a price target of $20.00, suggesting more than 100% upside from current levels. The bullish rating comes following the recent sell-off on weak Q2 earnings.
Analyst Marshall Senk commented, "Hortonworks is uniquely positioned to ride two of the most significant waves in the tech sector today... More
Hortonworks (HDP) PT Cut to $8 at Cowen on Weak Q2, Outlook
August 5, 2016 7:42 AM EDTCowen analyst J. Derrick Wood reiterated an Market Perform rating and cut his price target on Hortonworks (NASDAQ: HDP) to $8.00 (from $11.00) following weak Q2 results and guidance.
Wood commented, "While the 2Q miss/guide-down was labeled as an execution issue that can... More
Pacific Crest Downgrades Hortonworks (HDP) to Sector Weight
August 5, 2016 7:01 AM EDTPacific Crest downgraded Hortonworks (NASDAQ: HDP) from Overweight to Sector Weight and removed its price target. Analyst Brent Bracelin said its billings shortfall elevates execution risks.
"The $6.2 million billings shortfall, coupled with the departure of the president, adds a significant amount of execution... More
