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Downgrade Alert for Teradata (TDC)

By Amy Schwartz

Teradata (NYSE:TDC) was downgraded from Neutral to Sell at UBS today. The stock closed yesterday at $29.44 on volume of 3.6 million shares, above average daily volume of 1.6 million.

Teradata (NYSE:TDC) defies analysts with a current price ($29.44) 2.2% above its average consensus price target of $28.79. Teradata shares have support at the 200-day moving average (MA) of $27.48 and additional support at the 50-day MA of $25.79.

In the past 52 weeks, shares of Teradata have traded between a low of $21.98 and a high of $45.65 and closed yesterday at $29.44, which is 34% above that low price. Over the last five market days, the 200-day moving average (MA) has gone down 0.8% while the 50-day MA has remained constant.

Teradata Corporation provides data warehousing solutions, including enterprise analytic technologies and services. The Company's data warehousing solutions are comprised of software, hardware, and related business consulting and support services.

SmarTrend is tracking the current trend status for Teradata and will alert subscribers who have TDC in their portfolio or watchlist when shares have changed trend direction.

Keywords: analyst upgrades/downgrades Teradata

Ticker(s): TDC