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Fly News Breaks for August 20, 2019
CRM
Aug 20, 2019 | 07:59 EDT
Stifel analyst Tom Roderick said consensus opinion from shareholders on Salesforce's deal to buy Tableau has been "one of concern and criticism," but he believes that the business remains healthy and his feedback on Tableau from checks has been very positive. He thinks Salesforce reporting in-line results in Q2 against low expectations will set up the stock for a great "catch-up trade" ahead of its Dreamforce event and the seasonally strong second half. Ahead of the company's report, due after the close on August 22, Roderick keeps a Buy rating and $185 price target on Salesforce shares.
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