Teradata price target lowered to $25 from $30 at Barclays

Barclays analyst Raimo Lenschow lowered the firm’s price target on Teradata (TDC) to $25 from $30 and keeps an Underweight rating on the shares. The company reported “mixed results against muted expectations that will likely raise investor skepticism around its recovery narrative,” the analyst tells investors in a research note. The firm says Cloud, Teradata’s key growth driver, continues to face delayed and staged migrations.