Talend (TLND) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Talend (NASDAQ:TLND) from a buy rating to a strong-buy rating in a report issued on Wednesday.

A number of other research firms have also issued reports on TLND. Needham & Company LLC assumed coverage on shares of Talend in a research report on Friday, March 23rd. They set a buy rating and a $59.00 price target for the company. William Blair reissued a buy rating on shares of Talend in a research report on Tuesday, April 10th. Zacks Investment Research raised shares of Talend from a hold rating to a buy rating and set a $47.00 price target for the company in a research report on Tuesday, February 20th. Citigroup lowered shares of Talend from a buy rating to a neutral rating and set a $61.00 price target for the company. in a research report on Wednesday, January 10th. Finally, JPMorgan Chase lowered shares of Talend from a neutral rating to an underweight rating in a report on Thursday, January 25th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The stock presently has an average rating of Buy and a consensus target price of $49.75.

How to Become a New Pot Stock Millionaire

TLND opened at $47.59 on Wednesday. Talend has a 12-month low of $28.92 and a 12-month high of $52.10. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of -0.01. The company has a market cap of $1,416.66, a price-to-earnings ratio of -47.59 and a beta of 0.21.

Talend (NASDAQ:TLND) last posted its quarterly earnings results on Tuesday, February 13th. The technology company reported ($0.34) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.02. Talend had a negative net margin of 21.00% and a negative return on equity of 454.15%. The company had revenue of $41.52 million during the quarter, compared to analyst estimates of $41.40 million. analysts expect that Talend will post -0.96 EPS for the current year.

Several large investors have recently bought and sold shares of TLND. Ameriprise Financial Inc. increased its holdings in shares of Talend by 5.9% during the 3rd 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. JPMorgan Chase & Co. increased its holdings in shares of Talend by 218.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 12,414 shares of the technology company’s stock valued at $497,000 after purchasing an additional 8,514 shares in the last quarter. Peregrine Capital Management LLC increased its holdings in shares of Talend by 2.7% during the 4th quarter. Peregrine Capital Management LLC now owns 451,674 shares of the technology company’s stock valued at $16,929,000 after purchasing an additional 11,879 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA increased its holdings in shares of Talend by 13.3% during the 4th 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. Finally, California Public Employees Retirement System purchased a new position in shares of Talend during the 4th quarter valued at approximately $335,000. 59.71% of the stock is owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: “Talend (TLND) Stock Rating Upgraded by BidaskClub” was originally posted by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are viewing this article on another site, it was copied illegally and republished in violation of U.S. & international copyright legislation. The original version of this article can be viewed at https://www.dispatchtribunal.com/2018/04/22/talend-tlnd-stock-rating-upgraded-by-bidaskclub.html.

About Talend

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.

Analyst Recommendations for Talend (NASDAQ:TLND)

Receive News & Ratings for Talend Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talend and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply