Shares of Talend (NASDAQ:TLND) have been given an average recommendation of “Buy” by the eleven brokerages that are presently covering the company, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $49.29.
TLND has been the topic of several research analyst reports. KeyCorp reaffirmed a “buy” rating on shares of Talend in a research note on Tuesday, February 13th. BidaskClub lowered Talend from a “hold” rating to a “sell” rating in a research note on Wednesday, December 27th. Zacks Investment Research raised Talend from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, February 20th. JPMorgan Chase & Co. lowered Talend from a “neutral” rating to an “underweight” rating in a research note on Thursday, January 25th. Finally, Citigroup lowered Talend from a “buy” rating to a “neutral” rating and set a $61.00 price objective on the stock. in a research note on Wednesday, January 10th.
Several hedge funds have recently made changes to their positions in the company. Macquarie Group Ltd. boosted its stake in shares of Talend by 3.7% during the fourth quarter. Macquarie Group Ltd. now owns 36,691 shares of the technology company’s stock valued at $1,375,000 after purchasing an additional 1,321 shares in the last quarter. Nicholas Investment Partners LP boosted its stake in shares of Talend by 9.4% during the third quarter. Nicholas Investment Partners LP now owns 28,575 shares of the technology company’s stock valued at $1,170,000 after purchasing an additional 2,455 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA boosted its stake in shares of Talend by 13.3% during the fourth quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 25,550 shares of the technology company’s stock valued at $958,000 after purchasing an additional 3,000 shares in the last quarter. New York State Common Retirement Fund acquired a new stake in shares of Talend during the second quarter valued at about $161,000. Finally, Ameriprise Financial Inc. boosted its stake in shares of Talend by 5.9% during the third quarter. Ameriprise Financial Inc. now owns 86,230 shares of the technology company’s stock valued at $3,530,000 after purchasing an additional 4,770 shares in the last quarter. 59.57% of the stock is currently owned by hedge funds and other institutional investors.
Talend (NASDAQ:TLND) last released its quarterly earnings data on Tuesday, February 13th. The technology company reported ($0.34) earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.02. The business had revenue of $41.52 million for the quarter, compared to analyst estimates of $41.40 million. Talend had a negative return on equity of 454.15% and a negative net margin of 21.00%. equities analysts predict that Talend will post -0.96 EPS for the current fiscal year.
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Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.
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