Tag Archives: hdp

Apple Tops List As Best Technology Stock For 2016

Apple (AAPL) led a list of information technology and software companies as Drexel Hamilton’s top pick for 2016. Drexel analyst Brian White also listed Hortonworks (HDP), RedHat (RHT), and Tableau (DATA) as among his top stock picks. “Although we expect tech spending to remain relatively muted in 2016, we anticipate key secular technology trends to remain in full force,” White wrote. This includes the ramp of the mobile Internet, the build out of

Yahoo Gets PT Boost On ‘Minimal’ Alibaba Spinoff Risk

Yahoo (YHOO) received a price target boost on Monday from an analyst at Axiom, who cited the rising share prices of Alibaba Group (BABA), Yahoo Japan and Yahoo spinoff Hortonworks (HDP). Axiom increased its price target on Yahoo stock to 41 from 39. The company announced its price target increase after an investor call with Amy Elliott, a tax specialist and attorney at Tax Notes who has followed Yahoo’s proposed spinoff of its remaining shares of

Hortonworks Gaps Up On Hadoop ‘Disruption’

Hortonworks (HDP) stock surged Thursday after the Hadoop developer’s earnings from the day before easily topped Wall Street forecasts. Shares of the open-source Hadoop database pioneer gapped up as much as 19% Thursday, touching a seven-month high of 28.71. Hortonworks stock was up 18% in midday trading in the stock market today, near 28. Hortonworks made its IPO in December, at 16. Late Wednesday, the company also raised its sales projections for