Breaking: Hortonworks (NASDAQ:HDP) “Buy” Rating Reconfirmed by Rosenblatt Securities Today; The Price Target is Set to $25.0000

May 17, 2018 - By Robert Sims

Hortonworks, Inc. (NASDAQ:HDP) Logo

Investors sentiment decreased to 1.25 in Q4 2017. Its down 0.99, from 2.24 in 2017Q3. It fall, as 20 investors sold Hortonworks, Inc. shares while 40 reduced holdings. 25 funds opened positions while 50 raised stakes. 44.28 million shares or 17.78% more from 37.59 million shares in 2017Q3 were reported.

Credit Suisse Ag has invested 0% in Hortonworks, Inc. (NASDAQ:HDP). Sumitomo Mitsui Trust has invested 0.04% in Hortonworks, Inc. (NASDAQ:HDP). Citadel Advsr Ltd Liability has invested 0% in Hortonworks, Inc. (NASDAQ:HDP). Tiaa Cref Inv Management stated it has 0% of its portfolio in Hortonworks, Inc. (NASDAQ:HDP). Sumitomo Mitsui Asset Co Ltd reported 1.22M shares or 0.37% of all its holdings. Tortoise Advsrs Llc invested 0% in Hortonworks, Inc. (NASDAQ:HDP). Element Capital Management Ltd Company owns 99,182 shares for 0.05% of their portfolio. Eam Ltd Co reported 0.61% in Hortonworks, Inc. (NASDAQ:HDP). Ny State Common Retirement Fund invested in 305,921 shares. Alliancebernstein L P has 50,000 shares. Wells Fargo And Com Mn holds 0% or 76,141 shares in its portfolio. Voya Investment Mngmt invested in 21,411 shares. Boston Ltd Liability Com has invested 0.03% of its portfolio in Hortonworks, Inc. (NASDAQ:HDP). Hussman Strategic Advsrs Inc accumulated 0.14% or 25,000 shares. Amer Grp holds 0% in Hortonworks, Inc. (NASDAQ:HDP) or 33,806 shares.

Hortonworks (NASDAQ:HDP) Rating Reaffirmed

Rosenblatt Securities now has a $25.0000 target price per share on the $1.32B market cap company or 49.88 % upside potential. In analysts report issued to investors and clients on Wednesday morning, Hortonworks (NASDAQ:HDP) shares have had their “Buy” Rating reiterated by research analysts at Rosenblatt Securities.

Hortonworks, Inc. (NASDAQ:HDP) Ratings Coverage

Among 8 analysts covering Hortonworks (NASDAQ:HDP), 4 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Hortonworks has $27.0 highest and $18.0 lowest target. $24’s average target is 43.88% above currents $16.68 stock price. Hortonworks had 13 analyst reports since November 20, 2017 according to SRatingsIntel. As per Monday, December 11, the company rating was maintained by Rosenblatt. The stock of Hortonworks, Inc. (NASDAQ:HDP) has “Hold” rating given on Monday, November 20 by Cowen & Co. Cowen & Co maintained Hortonworks, Inc. (NASDAQ:HDP) rating on Tuesday, March 13. Cowen & Co has “Hold” rating and $21.0 target. The stock of Hortonworks, Inc. (NASDAQ:HDP) earned “Equal-Weight” rating by Barclays Capital on Monday, January 8. The firm has “Buy” rating given on Friday, February 9 by Needham. The company was maintained on Friday, March 9 by Credit Suisse. RBC Capital Markets maintained the shares of HDP in report on Wednesday, January 17 with “Buy” rating. The stock has “Hold” rating by Credit Suisse on Tuesday, January 16. As per Wednesday, December 20, the company rating was maintained by RBC Capital Markets. The firm earned “Buy” rating on Friday, February 9 by RBC Capital Markets.

The stock decreased 1.53% or $0.26 during the last trading session, reaching $16.68. About 1.03 million shares traded or 5.98% up from the average. Hortonworks, Inc. (NASDAQ:HDP) has risen 111.22% since May 18, 2017 and is uptrending. It has outperformed by 99.67% the S&P500.

Analysts await Hortonworks, Inc. (NASDAQ:HDP) to report earnings on August, 2. They expect $-0.54 earnings per share, up 37.93 % or $0.33 from last year’s $-0.87 per share. After $-0.55 actual earnings per share reported by Hortonworks, Inc. for the previous quarter, Wall Street now forecasts -1.82 % EPS growth.

Hortonworks, Inc. creates, distributes, and supports a class of enterprise data management software solutions built on open source technology in the United States, the United Kingdom, and internationally. The company has market cap of $1.32 billion. It offers Hortonworks Data Platform , an enterprise-scale data management platform that enables its clients to collect, store, process, and analyze existing and new data types without the need to replace their existing data center infrastructure; and Hortonworks DataFlow, an enterprise-scale data ingest platform to automate and secure Internet of anything data flows, as well as to collect, conduct, and curate real-time business insights and actions derived from data in motion, including sensors, machines, geolocation devices, clicks, server logs, and social feeds. It currently has negative earnings. The firm also provides Hortonworks Sandbox, a personal, portable, and free to use Hadoop environment designed to offer the easiest way to get started with HDP; Azure HDInsight, a data cloud service that provides clients flexible big data environments on the Azure cloud; and Hortonworks Data Cloud for Amazon Web Services, a big data cloud service for analyzing and processing data, and enabling businesses to achieve insights quickly and with flexibility.

More recent Hortonworks, Inc. (NASDAQ:HDP) news were published by: Seekingalpha.com which released: “Hortonworks: Time For A Rebound” on May 14, 2018. Also Nasdaq.com published the news titled: “Consolidated Research: 2018 Summary Expectations for Penn National Gaming, Hortonworks, Tempur Sealy …” on May 14, 2018. Seekingalpha.com‘s news article titled: “Hortonworks +1.7% on Q1 beats, upside guidance” with publication date: May 08, 2018 was also an interesting one.

Hortonworks, Inc. (NASDAQ:HDP) Ratings Chart

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