Stifel Nicolaus Reaffirms Their Buy Rating on Cloudera Inc (CLDR)


In a report released today, Brad Reback from Stifel Nicolaus maintained a Buy rating on Cloudera Inc (NYSE: CLDR), with a price target of $22. The company’s shares closed yesterday at $14.41.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 16.8% and a 69.0% success rate. Reback covers the Technology sector, focusing on stocks such as Ultimate Software, Citrix Systems, and Carbonite Inc.

Cloudera Inc has an analyst consensus of Moderate Buy, with a price target consensus of $18.20.

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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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