Talend (TLND) Upgraded at BidaskClub
Talend (NASDAQ:TLND) was upgraded by equities researchers at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Saturday.
TLND has been the subject of a number of other research reports. KeyCorp reaffirmed a “buy” rating and set a $44.00 target price on shares of Talend in a research report on Friday, September 22nd. Barclays upped their target price on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 7th. Finally, Zacks Investment Research cut Talend from a “hold” rating to a “sell” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $46.00.
Shares of Talend (TLND) traded up $1.12 during trading on Friday, reaching $41.61. The company’s stock had a trading volume of 521,557 shares, compared to its average volume of 226,398. The company has a market capitalization of $1,210.00 and a PE ratio of -47.83. Talend has a 52-week low of $21.25 and a 52-week high of $46.32.
Institutional investors and hedge funds have recently bought and sold shares of the company. Dynamic Technology Lab Private Ltd bought a new stake in shares of Talend in the second quarter valued at approximately $354,000. TimesSquare Capital Management LLC boosted its position in shares of Talend by 11.4% in the second quarter. TimesSquare Capital Management LLC now owns 1,348,600 shares of the technology company’s stock valued at $46,904,000 after acquiring an additional 137,600 shares during the period. Citigroup Inc. bought a new stake in shares of Talend in the second quarter valued at approximately $159,000. Lord Abbett & CO. LLC boosted its position in shares of Talend by 14.5% in the second quarter. Lord Abbett & CO. LLC now owns 368,028 shares of the technology company’s stock valued at $12,800,000 after acquiring an additional 46,669 shares during the period. Finally, Wells Fargo & Company MN boosted its position in shares of Talend by 2.5% in the third quarter. Wells Fargo & Company MN now owns 562,190 shares of the technology company’s stock valued at $23,016,000 after acquiring an additional 13,620 shares during the period. 45.68% of the stock is owned by institutional investors.
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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