Talend S.A. (NASDAQ:TLND) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

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. “

Several other equities analysts also recently commented on the stock. BTIG Research assumed coverage on shares of Talend in a report on Monday, April 17th. They set a “buy” rating on the stock. ValuEngine upgraded shares of Talend from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. Rosenblatt Securities reiterated a “buy” rating and set a $37.00 price target (up from $30.00) on shares of Talend in a report on Monday, May 15th. Barclays PLC reiterated a “buy” rating on shares of Talend in a report on Wednesday, July 19th. Finally, Citigroup Inc. reiterated a “buy” rating and set a $40.00 price target (up from $39.00) on shares of Talend in a report on Monday, May 15th. Three analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. Talend currently has a consensus rating of “Buy” and an average target price of $36.43.

Talend (TLND) traded up 0.99% during mid-day trading on Tuesday, hitting $38.70. 25,009 shares of the stock were exchanged. Talend has a 52 week low of $21.02 and a 52 week high of $39.87. The firm’s market capitalization is $1.08 billion. The company’s 50-day moving average price is $37.32 and its 200 day moving average price is $31.79.

Talend (NASDAQ:TLND) last posted its earnings results on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.22) by $0.05. Talend had a negative return on equity of 159.94% and a negative net margin of 20.62%. The business had revenue of $35.80 million during the quarter, compared to the consensus estimate of $35.33 million. During the same quarter last year, the firm earned ($1.84) earnings per share. The business’s quarterly revenue was up 40.9% on a year-over-year basis. Equities research analysts expect that Talend will post ($0.79) EPS for the current year.

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Institutional investors have recently modified their holdings of the stock. Summit Partners Public Asset Management LLC increased its position in shares of Talend by 260.8% in the second quarter. Summit Partners Public Asset Management LLC now owns 530,903 shares of the technology company’s stock valued at $18,465,000 after buying an additional 383,760 shares during the last quarter. Macquarie Group Ltd. increased its position in shares of Talend by 0.8% in the second quarter. Macquarie Group Ltd. now owns 35,812 shares of the technology company’s stock valued at $1,246,000 after buying an additional 272 shares during the last quarter. Hunt Lane Capital LP purchased a new position in shares of Talend during the second quarter valued at approximately $31,302,000. Stifel Financial Corp increased its position in shares of Talend by 3.3% in the second quarter. Stifel Financial Corp now owns 46,077 shares of the technology company’s stock valued at $1,603,000 after buying an additional 1,489 shares during the last quarter. Finally, Carmignac Gestion increased its position in shares of Talend by 0.4% in the second quarter. Carmignac Gestion now owns 586,269 shares of the technology company’s stock valued at $20,390,000 after buying an additional 2,400 shares during the last quarter. Institutional investors own 36.22% of the company’s stock.

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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Analyst Recommendations for Talend (NASDAQ:TLND)

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