In a report issued on February 17, Marshall Senk from Rosenblatt Securities maintained a Hold rating on Talend SA (TLND), with a price target of $42. The company’s shares opened today at $46.51.
Senk said:
“We believe the business remains positioned to begin showing some acceleration in the back half of this year and look for signs of progress as the current quarter progresses.”
According to TipRanks.com, Senk is a 5-star analyst with an average return of 21.9% and a 77.0% success rate. Senk covers the Technology sector, focusing on stocks such as Carbonite Inc, Cloudera Inc, and MongoDB Inc.
Currently, the analyst consensus on Talend SA is a Moderate Buy with an average price target of $54.67.
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Based on Talend SA’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $12.2 million. In comparison, last year the company had a GAAP net loss of $11.21 million.
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Talend SA engages in the provision of big data and cloud integration solutions. Its products include data integration, big data integration, cloud integration, data preparation subscription, data preparation free desktop, master data management, application integration, metadata manager, and data fabric. It offers technical support, consulting, and training.
