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.

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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.

Analyst Recommendations for Talend (NASDAQ:TLND)

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