Talend SA (TLND) Stock Rating Upgraded by Zacks Investment Research
Talend SA (NASDAQ:TLND) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.
According to Zacks, “Talend SA is a provider of big data and cloud integration solutions. Its commercial products are Data Fabric, Big Data Integration, Real-Time Big Data, Data Preparation, Data Integration, Cloud Integration, Data Quality, Application Integration, Master Data Management and metadata Manager. The company also provides technical support; and consulting and training services. Talend SA is based in Suresnes, France. “
A number of other equities research analysts also recently weighed in on the company. Barclays PLC reaffirmed a “buy” rating on shares of Talend SA in a report on Sunday, November 13th. Goldman Sachs Group Inc. raised Talend SA from a “neutral” rating to a “buy” rating and set a $31.00 target price on the stock in a report on Thursday, October 13th. Rosenblatt Securities began coverage on Talend SA in a report on Monday, September 26th. They issued a “buy” rating and a $30.00 target price on the stock. Citigroup Inc. reduced their target price on Talend SA from $32.00 to $30.00 and set a “neutral” rating on the stock in a report on Monday, August 29th. Finally, William Blair began coverage on Talend SA in a report on Tuesday, August 23rd. They issued an “outperform” rating on the stock. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $29.80.
Shares of Talend SA (NASDAQ:TLND) opened at 26.00 on Wednesday. Talend SA has a 12-month low of $21.29 and a 12-month high of $34.49. The company has a 50-day moving average price of $0.00 and a 200-day moving average price of $0.00.
Talend SA (NASDAQ:TLND) last issued its earnings results on Thursday, August 25th. The company reported ($1.84) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.31) by $1.53. The business earned $25.40 million during the quarter. The firm’s revenue for the quarter was up 38.0% compared to the same quarter last year. On average, analysts expect that Talend SA will post ($0.97) earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. Capital World Investors purchased a new stake in Talend SA during the third quarter valued at $20,601,000. Peregrine Capital Management LLC bought a new position in shares of Talend SA during the third quarter valued at about $8,304,000. Wells Fargo & Company MN bought a new position in shares of Talend SA during the third quarter valued at about $5,783,000. Citadel Advisors LLC bought a new position in shares of Talend SA during the third quarter valued at about $3,793,000. Finally, Tygh Capital Management Inc. bought a new position in shares of Talend SA during the third quarter valued at about $2,779,000.
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