Teradata Corporation (NYSE:TDC): After viewing two presentations by Teradata executives, JMP Securities is more confident that the company can exploit Big Data and Big Analytics trends using a unified Big Data architecture. The firm maintains an $87 target and Outperform rating on the stock.
After pullback it will be ready to go up again...
On the upside, Teradata (TDC) rose 2% in strong volume. The data storage provider has found support at its 40-week moving average. It's stabilizing after sliding 10% last week. Teradata has an IBD Composite Rating of 80 out of a best-possible 99.
SHortsellers are getting squeezed by mutual funds.