Teradata Corporation (TDC) NewsBite - TDC Rises on Barron's Coverage

Teradata Corporation (NYSE: TDC) opened at $29.58. So far today, the stock has hit a low of $29.12 and a high of $29.75. TDC is now trading at $29.28, up $0.95 (3.35%). Over the last 52 weeks the stock has ranged from a low of $11.11 to a high of $29.00. Shares of TDC are trading higher today after receiving positive coverage in Barron's over the weekend. An analyst writing in the magazine said the stock could rise by as much as 80 percent over the next two years, helped by the company's high cash reserves, good client roster, and technical advantages. This could be a good sign for TDC. Technical indicators for the stock are neutral and S&P gives TDC a neutral 3 STARS (out of 5) hold ranking. If you are looking for a hedged play on TDC the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 25 range.

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