Replies to post #144 on Cloudera (CLDR)

[Viewmont]

Yes CLDR CEO came across pretty good! And yes Cramer was tame. He looked lost a little between reading his notes and what question to ask next.

I noticed the stock was in stand still period before the interview, and suddenly I saw CLDR trading pretty actively while the interview was happening.

I hope next week people will call in and Cramer will suggest a buy on CLDR.

Glad to see many are raising the price target, like this one. Have a great weekend!

Citi, Cowen out positive on Cloudera-Hortonworks merger
Oct. 4, 2018 9:35 AM ET|By: Brandy Betz, SA News Editor
Citi and Cowen weigh in on yesterday’s announced merger between Cloudera (CLDR +15.9%) and Hortonworks (HDP +15.3%).

Citi analyst Tyler Radke says the deal makes strategic sense and thinks the combined company could be worth $24 to $31 per share. Radke believes the size of the company should help alleviate fears and offer better partnership leverage.

Cowen’s J. Derrick Wood also approves of the merger, saying it alleviates pricing pressures, “instills” greater margin leverage, and combines complementary products for cross-selling.

Cowen raises HDP’s price target from $20 to $30.

Source: Bloomberg First Word.