Cloudera Inc (CLDR) Receives a Hold from Morgan Stanley


Morgan Stanley analyst Sanjit Singh maintained a Hold rating on Cloudera Inc (NYSE: CLDR) today and set a price target of $18. The company’s shares closed yesterday at $14.41.

According to TipRanks.com, Singh is ranked #1567 out of 4873 analysts.

Currently, the analyst consensus on Cloudera Inc is a Moderate Buy with an average price target of $18.40, representing a 27.7% upside. In a report released today, Monness also assigned a Hold rating to the stock.

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The company has a one-year high of $22.43 and a one-year low of $12.57. Currently, Cloudera Inc has an average volume of 1.75M.

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Cloudera, Inc. provides enterprise data management solutions for machine learning and advanced analytics. It operates through two segments: Subscription and Services. The company’s products include enterprise, analytical, and operational data hubs, and data science & engineering.

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