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Fly News Breaks for July 2, 2019
CRM, DATA
Jul 2, 2019 | 10:16 EDT
As previously reported, Bernstein analyst Zane Chrane downgraded Tableau (DATA) to Market Perform from Outperform given the pending acquisition by Salesforce (CRM) in the latter's third fiscal quarter. The analyst believes the Salesforce acquisition validates his long-held view that Tableau offers a differentiated and superior solution versus competitors, and the acquisition should help to drive incrementally stronger growth for Tableau, particularly among large enterprises already using Salesforce.