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Fly News Breaks for November 2, 2015
DATA
Nov 2, 2015 | 07:39 EDT
BofA/Merrill believes investor concerns about Tableau's slowing large deals and increasing competitive threats are overdone. Analyst Brad Sills' feedback from Tableau partners indicates little changes in the competitive environment and expects the company to maintain its leadership in visualization. Sills said partners citing growing pipeline momentum, hiring activity, and no change in close rates. The analyst expects solid Q3 results and maintains his Buy rating and $135 price target on Tableau shares.
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