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Fly News Breaks for March 24, 2016
DATA
Mar 24, 2016 | 07:05 EDT
Barclays analyst Raimo Lenschow said Tableau's (DATA) internal sales leadership and execution issues are easy to resolve and typical growing pains. The analyst said the recent selloff has resulted in the stock trading at a discount, despite a higher growth rate, than slower growth peer Qlik Technologies (QLIK). Lenschow believes the market is interpreting growth issues as a result of increased competition, rather than internal issues, which will be resolved and present an attractive entry point for long-term investors. The analyst rates Tableau an Overweight.
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