Talend (TLND) Given Hold Rating at Rosenblatt Securities

Rosenblatt Securities reiterated their hold rating on shares of Talend (NASDAQ:TLND) in a research note released on Thursday morning. Rosenblatt Securities currently has a $42.00 price objective on the technology company’s stock.

Several other equities analysts have also recently issued reports on the company. Barclays reaffirmed a buy rating and set a $70.00 price objective on shares of Talend in a report on Friday, November 9th. Citigroup set a $81.00 price objective on Talend and gave the stock a buy rating in a report on Friday, November 9th. BidaskClub cut Talend from a buy rating to a hold rating in a report on Saturday, September 29th. KeyCorp reaffirmed a buy rating and set a $61.00 price objective on shares of Talend in a report on Thursday, November 8th. Finally, Needham & Company LLC reduced their price objective on Talend from $71.00 to $68.00 and set a buy rating for the company in a report on Thursday, November 8th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of $56.38.

Shares of TLND traded down $0.60 during mid-day trading on Thursday, hitting $36.09. The company’s stock had a trading volume of 309,900 shares, compared to its average volume of 876,850. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.14 and a quick ratio of 1.14. The stock has a market capitalization of $1.07 billion, a P/E ratio of -36.09 and a beta of 0.12. Talend has a 1-year low of $31.35 and a 1-year high of $73.52.



Talend (NASDAQ:TLND) last posted its quarterly earnings results on Wednesday, November 7th. The technology company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. The business had revenue of $52.07 million during the quarter, compared to analysts’ expectations of $51.84 million. Talend had a negative return on equity of 153.54% and a negative net margin of 20.40%. The company’s quarterly revenue was up 32.2% compared to the same quarter last year. During the same period last year, the firm earned ($0.11) EPS. Research analysts anticipate that Talend will post -1.1 EPS for the current year.

A number of hedge funds have recently modified their holdings of the stock. Centaurus Financial Inc. purchased a new position in Talend during the second quarter worth $101,000. DekaBank Deutsche Girozentrale increased its position in Talend by 160.0% during the third quarter. DekaBank Deutsche Girozentrale now owns 2,080 shares of the technology company’s stock worth $129,000 after buying an additional 1,280 shares in the last quarter. BlackRock Inc. increased its position in Talend by 1,906.0% during the second quarter. BlackRock Inc. now owns 2,347 shares of the technology company’s stock worth $146,000 after buying an additional 2,230 shares in the last quarter. FDx Advisors Inc. purchased a new position in Talend during the third quarter worth $201,000. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new position in Talend during the third quarter worth $329,000. 79.13% of the stock is owned by hedge funds and other institutional investors.

About Talend

Talend SA provides platform to address IT integration needs in various industries. It designs and develops Talend Data Fabric, a software platform that integrates data and applications in real time across big data and cloud environments, as well as traditional systems, which allows organizations to develop a unified view of their business and customers.

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Analyst Recommendations for Talend (NASDAQ:TLND)

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