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UPDATE: FBN Securities Initiates Teradata at Outperform on Growth Outlook

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Deutsche Bank Initiates Coverage On Teradata, Positive On Overall Data Analytics Software Segment
Earnings Scheduled For February 5, 2015

FBN Securities initiated coverage on Teradata (NYSE: TDC) with an Outperform rating.

FBN Securities commented, "We see core growth at TDC of around 10%, with upside to over 10% possible due to ramping business in Aprimo (recent acquisition in marketing campaign management) and Aster Data (recent acquisition in Big Data). We estimate that last year (2011), TDC grew revenue by 21% (19-21% growth was guided) consisting of core growth of 14-15% plus 3pp ($61M) of growth due to Aprimo/Aster Data acquisitions (great majority from Aprimo) and 3-4pp due to currency."

Teradata closed at $75.75 on Wednesday.

Latest Ratings for TDC

DateFirmActionFromTo
Feb 2015Deutsche BankInitiates Coverage onHold
Feb 2015BarclaysMaintainsEqual-weight
Feb 2015Credit SuisseDowngradesNeutralUnderperform

View More Analyst Ratings for TDC
View the Latest Analyst Ratings

Posted-In: FBN SecuritiesAnalyst Color Initiation Intraday Update Analyst Ratings

 

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