Drexel Hamilton initiated coverage on shares of Cloudera (NYSE:CLDR) in a research note issued to investors on Tuesday. The brokerage issued a buy rating on the stock.

Cloudera (NYSE CLDR) opened at $17.05 on Tuesday. Cloudera has a one year low of $14.50 and a one year high of $23.35.

In related news, VP Wayne Kimber sold 3,775 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $17.37, for a total value of $65,571.75. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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About Cloudera

Cloudera, Inc is a developer of platform for data management, machine learning and advanced analytics. The Company allows enterprises to operate, manage and move workloads across multiple architectures, mixing on premises and cloud environments, including all major public cloud infrastructure providers.

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