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Fly News Breaks for April 17, 2017
DATA
Apr 17, 2017 | 16:12 EDT
BTIG analyst Edward Parker initiated Tableau with a Buy and a $65 price target saying it is a best-of-breed leader in the data discovery analytics space but is at a major crossroad as data discovery tools are becoming increasingly competitive and could be increasingly subject to pricing pressure. However, the analyst sees a favorable path for the stock for FY17 as new leadership is bringing tighter executional focus while expectations have been meaningfully reduced.
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