Monness analyst Brian White maintained a Buy rating on Hortonworks (NASDAQ: HDP) today and set a price target of $25. The company’s shares closed yesterday at $19.63.
According to TipRanks.com, White is a top 100 analyst with an average return of 17.5% and a 69.6% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Alphabet Inc, and Cloudera Inc.
Currently, the analyst consensus on Hortonworks is Moderate Buy and the average price target is $23.40, representing a 19.2% upside.
In a report issued on June 15, Rosenblatt Securities also reiterated a Buy rating on the stock with a $25 price target.
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The company has a one-year high of $22 and a one-year low of $12.09. Currently, Hortonworks has an average volume of 1.08M.
Based on the recent corporate insider activity of 118 insiders, corporate insider sentiment is negative on the stock.
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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.
