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Why Talend Stock Soared on Thursday

TheMotleyFool

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Why Talend Stock Soared on ThursdayPhoto, wide shot, wide-angle lens, Computer hardware manufacturer, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/8b396c5d-cf01-4937-89c4-91ad2f28f1ee.png

Shares of Talend (NASDAQ: TLND), a provider of a software platform for integrating data and applications, jumped on Thursday. The stock rose as much as 26.6% and settled to a 16.8% gain as of 1 p.m. EST today.

The stock's gain follows Talend's strong fourth-quarter earnings report, which featured better-than-expected results. In addition, several analysts have raised their 12-month price targets on the stock in the wake of the tech company's robust earnings report.

Image source: Getty Images.

Source Fool.com

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