Zacks Investment Research upgraded shares of Talend SA (NASDAQ:TLND) from a hold rating to a buy rating in a research note issued to investors on Tuesday morning. Zacks Investment Research currently has $28.00 target price on the stock.

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 brokerages have also commented on TLND. William Blair began coverage on Talend SA in a report on Tuesday, August 23rd. They issued an outperform rating on the stock. JPMorgan Chase & Co. began coverage on Talend SA in a report on Tuesday, August 23rd. They issued a neutral rating and a $30.00 price target on the stock. Citigroup Inc. began coverage on Talend SA in a report on Tuesday, August 23rd. They issued a neutral rating and a $32.00 price target on the stock. Barclays PLC began coverage on Talend SA in a report on Tuesday, August 23rd. They issued an equal weight rating and a $28.00 price target on the stock. Finally, Rosenblatt Securities began coverage on Talend SA in a report on Monday, September 26th. They set a buy rating and a $30.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of Buy and a consensus target price of $29.50.

Talend SA (NASDAQ:TLND) traded down 0.5593% during mid-day trading on Tuesday, reaching $24.5718. The company’s stock had a trading volume of 5,907 shares. Talend SA has a 52-week low of $21.29 and a 52-week high of $34.49. The stock’s market cap is $687.30 million. The company has a 50 day moving average of $23.70 and a 200-day moving average of $25.30.

Talend SA (NASDAQ:TLND) last issued its quarterly earnings results on Thursday, August 25th. The company reported ($1.84) EPS for the quarter, missing analysts’ consensus estimates of ($0.31) by $1.53. The firm earned $25.40 million during the quarter. The firm’s quarterly revenue was up 38.0% on a year-over-year basis. Equities analysts forecast that Talend SA will post ($0.97) earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in the company. AGF Investments Inc. acquired a new position in shares of Talend SA during the third quarter worth $392,000. Symmetry Peak Management LLC acquired a new position in shares of Talend SA during the third quarter worth $505,000. Ameriprise Financial Inc. acquired a new position in shares of Talend SA during the third quarter worth $828,000. Morgan Stanley acquired a new position in shares of Talend SA during the third quarter worth $968,000. Finally, Gilder Gagnon Howe & Co. LLC acquired a new position in shares of Talend SA during the third quarter worth $1,164,000.

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