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A statement released earlier today by Mizuho about Hortonworks Inc (NASDAQ:HDP) bumps the target price to $12.00

Yesterday Hortonworks Inc (NASDAQ:HDP) traded -0.41% lower at $13.84. The company’s 50-day moving average is $15.70 and its 200-day moving average is $12.78. The last stock close price is up 32.78% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 483,803 shares of the stock were exchanged, down from an average trading volume of 954,253

Stating a potential downside of -0.13%, Mizuho upped the price target of Hortonworks Inc (NASDAQ:HDP) to $12.00

Previously on 5/24/2017, Bernstein reported about Hortonworks Inc (NASDAQ:HDP) raised the target price from $0.00 to $21.00. At the time, this indicated a possible upside of 0.68%.

See Chart Below

Hortonworks Inc (NASDAQ:HDP)

Hortonworks Inc has a 52 week low of $6.42 and a 52 week high of $17.70 The company’s market cap is currently $0.

In addition to Mizuho reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $20.92 with 0 firms rating the stock a strong buy, 11 firms rating the stock a buy, 3 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Hortonworks Inc (NASDAQ:HDP)

Hortonworks, Inc. is a provider and distributor of enterprise-scale data management software platforms. The Company's product offerings include Hortonworks Data Platform (HDP), Hortonworks Sandbox and Hortonworks DataFlow Platform (HDF). It provides support subscription offerings and related professional services for its enterprise-scale Connected Data Platforms, such as HDP and HDF. Its Data at Rest solution, the HDP, is an enterprise-scale data management platform built entirely on open source software, including Apache Hadoop. HDP combines computer servers with local storage and open source software technology to create a distributed compute and storage platform for data sets that is secure and scalable over petabytes of data within thousands of servers or nodes. Its Data in Motion solution, the HDF, is an enterprise-scale data ingest platform built entirely on open source software, including Apache NiFi.

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