Shares of Cloudera (NASDAQ:CLDR) have received a consensus recommendation of “Buy” from the eight research firms that are currently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $23.14.

A number of equities research analysts recently commented on the company. Morgan Stanley reiterated a “hold” rating and issued a $20.00 price objective on shares of Cloudera in a report on Sunday, May 28th. JMP Securities assumed coverage on Cloudera in a report on Tuesday, May 23rd. They issued a “market perform” rating for the company. Deutsche Bank AG assumed coverage on Cloudera in a report on Tuesday, May 23rd. They issued a “buy” rating and a $25.00 price objective for the company. Raymond James Financial, Inc. assumed coverage on Cloudera in a report on Tuesday, May 23rd. They issued an “outperform” rating and a $23.00 price objective for the company. Finally, J P Morgan Chase & Co assumed coverage on Cloudera in a report on Tuesday, May 23rd. They issued an “overweight” rating and a $24.00 price objective for the company.

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Cloudera (NASDAQ CLDR) remained flat at $17.40 on Monday. The firm’s market capitalization is $2.28 billion. The stock’s 50-day moving average is $20.31 and its 200-day moving average is $20.31. Cloudera has a 52-week low of $15.86 and a 52-week high of $23.35.

Cloudera (NASDAQ:CLDR) last released its quarterly earnings data on Thursday, June 8th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.09. The company had revenue of $79.60 million during the quarter, compared to the consensus estimate of $75.85 million. On average, equities analysts predict that Cloudera will post ($1.05) EPS for the current fiscal year.

Cloudera Company Profile

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