Hortonworks (NASDAQ:HDP) has been downgraded from Buy to Sell in a statement by Goldman Sachs earlier today.
- Updated: October 13, 2016
Boasting a price of $7.46, Hortonworks (NASDAQ:HDP) traded -5.09% lower on the day. With the last stock price close down -31.04% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Hortonworks has recorded a 50-day average of $8.00 and a two hundred day average of $10.27. Volume of trade was up over the average, with 1,198,929 shares of HDP changing hands over the typical 1,082,440
Goldman Sachs has downgraded Hortonworks (NASDAQ:HDP) from Buy to Sell in a statement released on 10/13/2016.
On 8/08/2016, Rosenblatt released a statement for Hortonworks (NASDAQ:HDP) bumped up the target price from $0.00 to $20.00 that suggested an upside of 1.06%.
With a total market value of $0, Hortonworks has with a one year low of $7.01 and a one year high of $22.82 .
A total of 13 equity analysts have released a ratings update on HDP. zero equity analysts rating the company a strong buy, eleven equity analysts rating the company a buy, three equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $20.92.
Brief Synopsis About Hortonworks (NASDAQ:HDP)
Hortonworks, Inc. is a provider and distributor of an 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. The Company's 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 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. HDF accelerates the flow of Data in Motion into HDP to support fidelity analytics.
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