Analysts’ Top Technology Picks: TDC, FB

By Austin Angelo

Analysts fell to the sidelines weighing in on Teradata (NYSE: TDC) and Facebook Inc (NASDAQ: FB) with neutral ratings,indicating that the experts are neither bullish nor bearish on the stocks.

Teradata (NYSE: TDC)

In a report issued on July 27, Keith Bachman from BMO Capital reiterated a Hold rating on Teradata (NYSE: TDC), with a price target of $32. The company’s shares closed yesterday at $31.50.

According to TipRanks.com, Bachman is a top 100 analyst with an average return of 19.6% and a 81.8% success rate. Bachman covers the Technology sector, focusing on stocks such as DXC Technology Company, Computer Sciences, and Infosys Limited.

Currently, the analyst consensus on Teradata is Hold and the average price target is $30.80, representing a -2.2% downside.

In a report issued on July 27, Oppenheimer also maintained a Hold rating on the stock.
Facebook Inc (NASDAQ: FB)

BMO Capital analyst Daniel Salmon reiterated a Hold rating on Facebook Inc (NASDAQ: FB) on July 26 and set a price target of $170. The company’s shares closed yesterday at $172.45, close to its 52-week high of $175.49.

According to TipRanks.com, Salmon is a 5-star analyst with an average return of 13.7% and a 73.1% success rate. Salmon covers the Services sector, focusing on stocks such as Interpublic Group of Companies, Publicis Groupe SA, and Factset Research.

Currently, the analyst consensus on Facebook Inc is Strong Buy and the average price target is $184.59, representing a 7.0% upside.

In a report issued on July 11, Pivotal Research also reiterated a Hold rating on the stock with a $140 price target.

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