Impact of Brokerage Rating on Hortonworks, Inc.(HDP)

Many Hortonworks, Inc.(HDP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by Mizuho on Feb 10, 2017 to Buy, Raises Price Target to $ 13 from a previous price target of $12 .Company shares were Upgraded by Mizuho on Jan 30, 2017 to Buy, Raises Price Target to $ 12 from a previous price target of $10 .Hortonworks Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017.

Company has reported several Insider transactions to the SEC, on Feb 7, 2017, Shaun Connolly (Chief Strategy Officer) sold 46,983 shares at 10.00 per share price.On Feb 2, 2017, Scott Reasoner (officer ) sold 768 shares at 9.35 per share price.On Jan 26, 2017, Scott Davidson (Chief Financial Officer) sold 2,841 shares at 9.05 per share price.

Hortonworks Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $-0.50 EPS for the quarter, beating the analyst consensus estimate by $ 0.10. Analyst had a consensus of $-0.60. The company had revenue of $51.96 million for the quarter, compared to analysts expectations of $48.02 million. The companys revenue was up 38.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.72 EPS.

Hortonworks, Inc. (NASDAQ:HDP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.73 by 11 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 4 Brokerage Firms have advised hold.

Hortonworks, Inc. (NASDAQ:HDP): The mean estimate for the short term price target for Hortonworks, Inc. (NASDAQ:HDP) stands at $15 according to 7 Analysts. The higher price target estimate for the stock has been calculated at $24 while the lower price target estimate is at $8.

Hortonworks, Inc. (NASDAQ:HDP) rose 0.29% or 0.03 points on Tuesday and made its way into the gainers of the day. After trading began at $9.82 the stock was seen hitting $10.61 as a peak level and $9.8098 as the lowest level. The stock ended up at $10.54. The daily volume was measured at 947,150 shares. The 52-week high of the share price is $13.1199 and the 52-week low is $6.42. The company has a market cap of $640 million.

Hortonworks Inc. is involved in the development, distribution and support of Hadoop solutions primarily in the United States and internationally. The company provides an enterprise-grade data management platform to capture, store, process and analyze data. Hortonworks Inc. is headquartered in Palo Alto, California.

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