Talend SA (TLND) Receives a Rating Update from a Top Analyst


Barclays analyst Raimo Lenschow maintained a Buy rating on Talend SA (TLND) yesterday and set a price target of $70. The company’s shares closed yesterday at $43.43.

According to TipRanks.com, Lenschow is a top 100 analyst with an average return of 18.4% and a 74.2% success rate. Lenschow covers the Technology sector, focusing on stocks such as Ceridian HCM Holding Inc, Cornerstone Ondemand, and Coupa Software Inc.

Currently, the analyst consensus on Talend SA is a Strong Buy with an average price target of $72.33, representing a 66.5% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $61 price target.

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Based on Talend SA’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $8.67 million. In comparison, last year the company had a GAAP net loss of $5.73 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.

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