Talend S.A. (NASDAQ:TLND) had its target price increased by Barclays PLC from $43.00 to $44.00 in a research report released on Friday morning. The brokerage currently has an overweight rating on the technology company’s stock.

Other equities research analysts have also recently issued reports about the stock. Pacific Crest began coverage on shares of Talend in a research report on Tuesday, April 11th. They issued an overweight rating for the company. BTIG Research began coverage on shares of Talend in a research report on Monday, April 17th. They issued a buy rating for the company. ValuEngine upgraded shares of Talend from a sell rating to a hold rating in a research report on Tuesday, August 1st. Zacks Investment Research upgraded shares of Talend from a sell rating to a hold rating in a research report on Thursday, July 13th. Finally, Rosenblatt Securities reiterated a buy rating and issued a $37.00 target price (up from $30.00) on shares of Talend in a research report on Monday, May 15th. Three research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. Talend presently has a consensus rating of Buy and an average price target of $36.43.

Shares of Talend (NASDAQ:TLND) traded up 1.91% during trading on Friday, hitting $38.93. 153,066 shares of the stock traded hands. The firm’s 50-day moving average price is $36.83 and its 200-day moving average price is $30.88. The stock’s market cap is $1.09 billion. Talend has a 12 month low of $21.02 and a 12 month high of $39.87.

Talend (NASDAQ:TLND) last posted its quarterly earnings data on Thursday, August 3rd. The technology company reported ($0.27) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.22) by $0.05. The company had revenue of $35.80 million for the quarter, compared to analyst estimates of $35.33 million. Talend had a negative return on equity of 136.98% and a negative net margin of 20.62%. The business’s revenue was up 40.9% on a year-over-year basis. During the same quarter in the prior year, the company posted ($1.84) earnings per share. Analysts anticipate that Talend will post ($0.77) EPS for the current year.

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A number of large investors have recently added to or reduced their stakes in the company. Peregrine Capital Management LLC boosted its stake in Talend by 37.6% in the first quarter. Peregrine Capital Management LLC now owns 444,190 shares of the technology company’s stock valued at $12,868,000 after buying an additional 121,386 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Talend by 37.9% in the first quarter. Wells Fargo & Company MN now owns 556,760 shares of the technology company’s stock valued at $16,580,000 after buying an additional 153,160 shares during the last quarter. Tygh Capital Management Inc. boosted its stake in Talend by 62.2% in the first quarter. Tygh Capital Management Inc. now owns 207,619 shares of the technology company’s stock valued at $6,183,000 after buying an additional 79,655 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in Talend by 41.9% in the first quarter. Ameriprise Financial Inc. now owns 87,071 shares of the technology company’s stock valued at $2,592,000 after buying an additional 25,718 shares during the last quarter. Finally, JPMorgan Chase & Co. purchased a new stake in Talend during the first quarter valued at about $101,000. Hedge funds and other institutional investors own 36.11% of the company’s stock.

About Talend

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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