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Fly News Breaks for May 26, 2017
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May 26, 2017 | 06:22 EDT
Barclays analyst Raimo Lenschow raised his price target for Tableau Software to $72 following the company's analyst day. Investors will increasingly question why Tableau is trading at a "meaningful discount" to other software vendors, Lenschow tells investors in a research note. He expects the valuation gap to narrow on better predictability and accelerating growth. The analyst keeps an Overweight rating on Tableau.
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