Pacific Crest Downgrades Hortonworks (HDP) to Sector Weight
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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
Needham & Company Downgrades Hortonworks (HDP) to Hold
August 5, 2016 7:36 AM EDTNeedham & Company downgraded Hortonworks (NASDAQ: HDP) from Buy to Hold.
Analyst Richard Kugele commented, " If HDP were another company, with a long track record of execution and delivering on bold goals that require some faith, the relatively minor top and bottomline miss... More
Hortonworks (HDP) Misses Q2 EPS by 2c; Issues Weak Outlook
August 4, 2016 4:26 PM EDTHortonworks (NASDAQ: HDP) reported Q2 EPS of ($0.72), $0.02 worse than the analyst estimate of ($0.70). Revenue for the quarter came in at $43.6 million versus the consensus estimate of $45.26 million.
GUIDANCE:
Hortonworks sees Q3 2016 revenue of $45 million, versus the consensus of $49.3... More
