TD Cowen Lowers PT on Teradata Corporation (TDC) to $24 From $25, Keeps a Hold Rating

Teradata Corporation (NYSE:TDC) is one of the best small cap low volatility stocks to invest in. On August 6, TD Cowen analyst Derrick Wood lowered the firm’s price target on Teradata Corporation (NYSE:TDC) to $24 from $25, keeping a Hold rating on the shares.

Is Teradata Corporation (TDC) the Undervalued Quantum Computing Stock to Buy Now?

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The firm told investors that Teradata Corporation (NYSE:TDC) reported a slight beat in fiscal Q2, reporting an ARR growth of 0%. While the ARR guidance for fiscal year 2025 was unchanged, revenue guidance was lowered due to consulting weakness.

It added that improved execution, in addition to some pull forward from Q3, drove results.

Teradata Corporation (NYSE:TDC) is a cloud data analytics company that engages with a multi-cloud reality and solves data challenges at scale. Its operations are divided into the following geographical segments: Americas, EMEA, and APJ.

While we acknowledge the potential of TDC to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TDC and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.