Monness analyst Brian White maintained a Buy rating on Hortonworks (NASDAQ: HDP) today and set a price target of $30. The company’s shares closed yesterday at $21.88.
According to TipRanks.com, White is a top 100 analyst with an average return of 19.2% and a 67.8% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Hortonworks with a $28.79 average price target, implying a 31.6% upside from current levels. In a report released today, JMP Securities also maintained a Buy rating on the stock with a $27 price target.
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The company has a one-year high of $26.22 and a one-year low of $15.50. Currently, Hortonworks has an average volume of 1.12M.
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Hortonworks, Inc. specializes in open-source global data management solutions. Its platforms allows enterprises to manage their data on a globally, whether it is data-in-motion or data-at-rest.
