BidaskClub Downgrades Talend (TLND) to Sell
Talend (NASDAQ:TLND) was downgraded by stock analysts at BidaskClub from a “hold” rating to a “sell” rating in a report released on Wednesday.
TLND has been the subject of a number of other reports. Barclays raised 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 raised 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 Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have issued a buy rating to the company’s stock. Talend presently has a consensus rating of “Buy” and an average target price of $46.00.
Shares of Talend (TLND) opened at $38.22 on Wednesday. Talend has a one year low of $21.02 and a one year high of $46.32.
Hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. increased its holdings in shares of Talend by 14.7% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock valued at $136,000 after acquiring an additional 500 shares during the last quarter. Citigroup Inc. acquired a new position in shares of Talend during the 2nd quarter valued at about $159,000. New York State Common Retirement Fund acquired a new position in shares of Talend during the 2nd quarter valued at about $161,000. Harbour Capital Advisors LLC acquired a new position in shares of Talend during the 3rd quarter valued at about $264,000. Finally, Trexquant Investment LP acquired a new position in shares of Talend during the 2nd quarter valued at about $284,000. 45.68% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION WARNING: This news story was originally published by TheOlympiaReport and is owned by of TheOlympiaReport. If you are accessing this news story on another publication, it was illegally stolen and reposted in violation of United States and international copyright & trademark law. The correct version of this news story can be viewed at https://theolympiareport.com/2017/12/06/bidaskclub-downgrades-talend-tlnd-to-sell.html.
Talend Company Profile
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.
Receive News & Ratings for Talend S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Talend S.A. and related companies with Analyst Ratings Network's FREE daily email newsletter.