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Fly News Breaks for August 25, 2016
DATA
Aug 25, 2016 | 08:03 EDT
As noted earlier, RBC Capital downgraded Tableau to Sector Perform from Outperform. As reasons for the downgrade, analyst Matthew Hedberg cited the company's transition to the cloud and increased competition. Additionally, the analyst believes that a takeover has become less likely after the company named a new CEO. Target $65.
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