Hortonworks Receives a Hold from Monness


In a report released yesterday, Brian White from Monness reiterated a Hold rating on Hortonworks (NASDAQ: HDP). The company’s shares closed yesterday at $18.06.

According to TipRanks.com, White is a top 100 analyst with an average return of 17.4% and a 69.2% success rate. White covers the Technology sector, focusing on stocks such as Salesforce.com, Facebook Inc, and Alphabet Inc.

Currently, the analyst consensus on Hortonworks is Moderate Buy and the average price target is $22.83, representing a 26.4% upside.

In a report issued on April 24, Mizuho Securities also maintained a Hold rating on the stock with a $23 price target.

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The company has a one-year high of $22 and a one-year low of $11.50. Currently, Hortonworks has an average volume of 978.8K.

Based on the recent corporate insider activity of 116 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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