.jpg "Hortonworks (NASDAQ: HDP)")
Monness analyst Brian White upgraded Hortonworks (NASDAQ: HDP) to Buy today and set a price target of $25. The company’s shares closed on Friday at $17.07.
According to TipRanks.com, White is a top 100 analyst with an average return of 16.8% and a 68.5% 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 $22.83, representing a 33.7% upside.
In a report issued on May 9, 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 $11.50. Currently, Hortonworks has an average volume of 969.5K.
Based on the recent corporate insider activity of 122 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.
