Talend (NASDAQ:TLND)‘s stock had its “buy” rating restated by research analysts at KeyCorp in a research note issued on Tuesday.
The analysts wrote, “We are raising our estimates and price target slightly to $54 from $53 on 2019.””
Several other research analysts have also recently weighed in on TLND. Barclays lifted their price target on Talend from $44.00 to $55.00 and gave the company an “overweight” rating in a research report on Tuesday, November 7th. BidaskClub cut Talend from a “hold” rating to a “sell” rating in a research report on Wednesday, December 6th. Zacks Investment Research cut Talend from a “hold” rating to a “sell” rating in a research report on Friday, January 5th. Citigroup cut Talend from a “buy” rating to a “neutral” rating and set a $61.00 price objective for the company. in a research report on Wednesday, January 10th. Finally, JPMorgan Chase & Co. cut Talend from a “neutral” rating to an “underweight” rating in a research report on Thursday, January 25th. 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 company. The stock presently has an average rating of “Hold” and an average price target of $48.67.
Several institutional investors have recently bought and sold shares of TLND. Bank of New York Mellon Corp purchased a new stake in shares of Talend in the second quarter valued at approximately $486,000. JPMorgan Chase & Co. increased its position in shares of Talend by 14.7% during the second quarter. JPMorgan Chase & Co. now owns 3,900 shares of the technology company’s stock worth $136,000 after purchasing an additional 500 shares in the last quarter. New York State Common Retirement Fund purchased a new stake in shares of Talend during the second quarter worth approximately $161,000. Citigroup Inc. purchased a new stake in shares of Talend during the second quarter worth approximately $159,000. Finally, Stifel Financial Corp increased its position in shares of Talend by 3.3% during the second quarter. Stifel Financial Corp now owns 46,077 shares of the technology company’s stock worth $1,603,000 after purchasing an additional 1,489 shares in the last quarter. Institutional investors and hedge funds own 45.59% of the company’s stock.
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.
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