Price Action Alert: What’s Next for Talend SA ADR After Today’s Significant Increase?

Price Action Alert: What's Next for Talend SA ADR After Today's Significant Increase?

The stock of Talend SA ADR (NASDAQ:TLND) is a huge mover today! About 284,128 shares traded hands or 133.68% up from the average. Talend SA ADR (NASDAQ:TLND) has risen 6.00% since October 16, 2016 and is uptrending. It has outperformed by 2.07% the S&P500.
The move comes after 9 months positive chart setup for the $729.60M company. It was reported on Nov, 15 by Barchart.com. We have $37.70 PT which if reached, will make NASDAQ:TLND worth $328.32M more.

Talend SA ADR (NASDAQ:TLND) Ratings Coverage

Out of 2 analysts covering Talend (NASDAQ:TLND), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Talend has been the topic of 2 analyst reports since August 24, 2016 according to StockzIntelligence Inc. The stock of Talend SA ADR (NASDAQ:TLND) has “Outperform” rating given on Wednesday, August 24 by William Blair. The company was maintained on Friday, August 26 by Citigroup.

According to Zacks Investment Research, “Talend SA is a provider of big data and cloud integration solutions. 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. The company also provides technical support; and consulting and training services. Talend SA is based in Suresnes, France.”

More recent Talend SA ADR (NASDAQ:TLND) news were published by: Marketwatch.com which released: “Talend upgraded to overweight from equal weight at Barclays” on July 04, 2016. Also Marketwatch.com published the news titled: “Talend CEO promises more growth as stock plummets” on August 25, 2016. Benzinga.com‘s news article titled: “Talend Turns Favorable At Goldman Sachs” with publication date: October 14, 2016 was also an interesting one.

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