Talend (NASDAQ:TLND) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Wednesday, December 27th.
Several other research analysts also recently commented on the stock. KeyCorp reissued a “buy” rating and set a $53.00 price target on shares of Talend in a research note on Tuesday, November 14th. Barclays lifted their price target on shares of Talend from $44.00 to $55.00 and gave the company an “overweight” rating in a report on Tuesday, November 7th. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Talend has a consensus rating of “Buy” and an average price target of $50.20.
Talend (NASDAQ TLND) opened at $39.46 on Wednesday. The company has a market cap of $1,150.00 and a P/E ratio of -45.36. Talend has a one year low of $21.25 and a one year high of $46.32.
Hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Talend during the 2nd quarter valued at $354,000. TimesSquare Capital Management LLC boosted its holdings in shares of Talend by 11.4% during the 2nd quarter. TimesSquare Capital Management LLC now owns 1,348,600 shares of the technology company’s stock valued at $46,904,000 after buying an additional 137,600 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Talend by 169.0% during the 1st quarter. Bank of America Corp DE now owns 11,369 shares of the technology company’s stock valued at $339,000 after buying an additional 7,142 shares in the last quarter. Citigroup Inc. bought a new stake in shares of Talend during the 2nd quarter valued at $159,000. Finally, Lord Abbett & CO. LLC boosted its holdings in shares of Talend by 14.5% during the 2nd quarter. Lord Abbett & CO. LLC now owns 368,028 shares of the technology company’s stock valued at $12,800,000 after buying an additional 46,669 shares in the last quarter. Hedge funds and other institutional investors own 45.68% of the company’s stock.
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Talend Company Profile
Talend SA is a provider of open source integration solutions for data-oriented companies and integration platform under Apache Spark. The Company’s platform enables users to connect data and applications on-premise or in the cloud, in real time or in batch, Big Data or reference data. 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.
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