Talend (NASDAQ:TLND) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

A number of other equities analysts also recently commented on the company. Barclays lifted their price target on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 7th. KeyCorp lifted their price target on Talend from $4.00 to $5.00 and gave the stock an “overweight” rating in a research note on Friday, November 10th. Finally, Zacks Investment Research downgraded Talend from a “hold” rating to a “sell” rating in a research note on Friday. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus target price of $46.00.

Talend (TLND) traded up $1.35 during trading hours on Friday, reaching $40.49. The company had a trading volume of 615,378 shares, compared to its average volume of 161,420. The firm has a market capitalization of $1,140.67, a P/E ratio of -46.54 and a beta of 2.92. Talend has a fifty-two week low of $21.25 and a fifty-two week high of $46.32.

Hedge funds and other institutional investors have recently modified their holdings of the business. JPMorgan Chase & Co. lifted its holdings in Talend by 14.7% in the second quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock worth $136,000 after acquiring an additional 500 shares during the last quarter. Citigroup Inc. bought a new position in Talend in the second quarter worth about $159,000. New York State Common Retirement Fund bought a new position in Talend in the second quarter worth about $161,000. Harbour Capital Advisors LLC bought a new position in Talend in the third quarter worth about $264,000. Finally, Dynamic Technology Lab Private Ltd bought a new position in Talend in the second quarter worth about $354,000. 45.68% of the stock is currently owned by hedge funds and other institutional investors.

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About Talend

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.

Analyst Recommendations for Talend (NASDAQ:TLND)

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