Talend (NASDAQ:TLND)‘s stock had its “buy” rating reiterated by equities research analysts at KeyCorp in a research report issued to clients and investors on Tuesday.

The analysts wrote, “We are raising our estimates and price target slightly to $54 from $53 on 2019.””

Several other equities research analysts have also recently weighed in on TLND. ValuEngine upgraded Talend from a “sell” rating to a “hold” rating in a report on Friday, February 2nd. Zacks Investment Research upgraded Talend from a “sell” rating to a “hold” rating in a report on Thursday, January 11th. BidaskClub upgraded Talend from a “sell” rating to a “hold” rating in a report on Saturday, January 6th. JPMorgan Chase & Co. cut Talend from a “neutral” rating to an “underweight” rating in a report on Thursday, January 25th. Finally, Barclays upped their target price on Talend from $44.00 to $55.00 and gave the stock an “overweight” rating in a report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus price target of $50.20.

Shares of Talend (NASDAQ:TLND) traded up $1.12 during mid-day trading on Tuesday, hitting $38.27. The company’s stock had a trading volume of 264,614 shares, compared to its average volume of 237,769. Talend has a twelve month low of $24.75 and a twelve month high of $46.32. The stock has a market cap of $1,120.00 and a PE ratio of -43.99.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Gagnon Securities LLC lifted its stake in shares of Talend by 12.4% during the 4th quarter. Gagnon Securities LLC now owns 189,728 shares of the technology company’s stock worth $7,111,000 after purchasing an additional 20,879 shares during the last quarter. Gagnon Advisors LLC lifted its stake in shares of Talend by 16.9% during the 4th quarter. Gagnon Advisors LLC now owns 112,326 shares of the technology company’s stock worth $4,210,000 after purchasing an additional 16,225 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Talend by 35.8% during the 4th quarter. Geode Capital Management LLC now owns 19,814 shares of the technology company’s stock worth $742,000 after purchasing an additional 5,227 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in shares of Talend during the 4th quarter worth $1,383,000. Finally, Crosslink Capital Inc. purchased a new stake in shares of Talend during the 4th quarter worth $19,730,000. Hedge funds and other institutional investors own 45.59% of the company’s stock.

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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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