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Fly News Breaks for November 6, 2015
DATA
Nov 6, 2015 | 07:33 EDT
Citi points out that Tableau's Q3 license growth of 57% decelerated from 60% in Q2 and 75% in Q1 on easier comps. The firm remains concerned about the company's ability to maintain "hyper-growth" given intensifying competition and low-recurring revenue relative to peers. It cut its price target for shares to $92 from $115 and keeps a Neutral rating on the name.
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