Cloudera (CLDR) Receives a Hold from Morgan Stanley

Morgan Stanley analyst Sanjit Singh reiterated a Hold rating on Cloudera (CLDR) today and set a price target of $12.00. The company’s shares closed last Monday at $10.01.

According to, Singh is a 2-star analyst with an average return of 1.1% and a 47.7% success rate. Singh covers the Technology sector, focusing on stocks such as Nuance Communications, New Relic, and PagerDuty.

Cloudera has an analyst consensus of Moderate Buy, with a price target consensus of $12.40, which is a 25.5% upside from current levels. In a report issued on November 29, Monness also maintained a Hold rating on the stock.

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The company has a one-year high of $15.43 and a one-year low of $4.89. Currently, Cloudera has an average volume of 4.89M.

Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CLDR in relation to earlier this year.

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Cloudera, Inc. engages in the provision of enterprise-grade, global data management platforms, services and solutions. It offers enterprise data hub, data warehouse, sata science and engineering, operational database, Cloudera DataFlow (CDF), Hortonworks Data Platform (HDP), and data science workbench. It operates through Subscription, and Services segments.

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