Talend SA (TLND) Rating Lowered to Sell at Zacks Investment Research

Talend SA (NASDAQ:TLND) was downgraded by Zacks Investment Research from a “hold” rating to a “sell” rating in a report issued on Wednesday.

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. “

Other equities research analysts have also issued reports about the company. Pacific Crest began coverage on Talend SA in a research note on Tuesday, April 11th. They set an “overweight” rating for the company. BTIG Research assumed coverage on Talend SA in a research report on Monday, April 17th. They issued a “buy” rating for the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $37.00 target price (up previously from $30.00) on shares of Talend SA in a research report on Monday. Citigroup Inc reaffirmed a “buy” rating and issued a $40.00 target price (up previously from $39.00) on shares of Talend SA in a research report on Monday. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $33.00 target price (up previously from $30.00) on shares of Talend SA in a research report on Sunday, May 14th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and seven have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $33.17.

Analyst Recommendations for Talend SA (NASDAQ:TLND)

Talend SA (NASDAQ:TLND) opened at 32.23 on Wednesday. The company has a 50-day moving average price of $30.65 and a 200 day moving average price of $26.12. The firm’s market capitalization is $901.51 million. Talend SA has a 1-year low of $21.02 and a 1-year high of $34.49.

Talend SA (NASDAQ:TLND) last released its quarterly earnings data on Thursday, May 11th. The technology company reported ($0.19) earnings per share for the quarter, missing the consensus estimate of ($0.16) by $0.03. The firm had revenue of $32.90 million during the quarter, compared to analyst estimates of $32.01 million. Talend SA’s revenue for the quarter was up 44.3% compared to the same quarter last year. Equities analysts anticipate that Talend SA will post ($0.77) earnings per share for the current year.

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Several hedge funds have recently modified their holdings of the company. JPMorgan Chase & Co. acquired a new stake in shares of Talend SA during the first quarter valued at approximately $101,000. Ameriprise Financial Inc. boosted its stake in shares of Talend SA by 41.9% in the first quarter. Ameriprise Financial Inc. now owns 87,071 shares of the technology company’s stock valued at $2,592,000 after buying an additional 25,718 shares during the period. Tygh Capital Management Inc. boosted its stake in shares of Talend SA by 62.2% in the first quarter. Tygh Capital Management Inc. now owns 207,619 shares of the technology company’s stock valued at $6,183,000 after buying an additional 79,655 shares during the period. Wells Fargo & Company MN boosted its stake in shares of Talend SA by 37.9% in the first quarter. Wells Fargo & Company MN now owns 556,760 shares of the technology company’s stock valued at $16,580,000 after buying an additional 153,160 shares during the period. Finally, Peregrine Capital Management LLC boosted its stake in shares of Talend SA by 37.6% in the first quarter. Peregrine Capital Management LLC now owns 444,190 shares of the technology company’s stock valued at $12,868,000 after buying an additional 121,386 shares during the period.

About Talend SA

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.

5 Day Chart for NASDAQ:TLND

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