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Fly News Breaks for February 5, 2016
QLIK, DATA
Feb 5, 2016 | 05:56 EDT
Jefferies analyst John DiFucci lowered his price target for Tableau (DATA) to $65 saying expectations for the company "finally became too great" in Q4. The analyst says that while a softening spend environment was given as a reason for the disappointing guidance, he continues to hear of a decent spending environment in the field. DiFucci wonders if the free Qlik Sense desktop (QLIK) is having an effect on Tableau. The analyst keeps a Hold rating on Tableau following the company's Q4 results.
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