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Fly News Breaks for August 17, 2016
DATA
Aug 17, 2016 | 08:25 EDT
After meeting with Tableau's management, Pacific Crest analyst Brent Bracelin says that the worst of Tableau's licensing deceleration issues are behind the company. However, the analyst thinks that a number of temporary transitions could prevent licensing from beating expectations by a large amount in 2H16. Bracelin continues to believe that the stock is undervalued, and he keeps an $86 price target and Overweight rating on the shares.
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