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Fly News Breaks for June 13, 2017
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Jun 13, 2017 | 05:50 EDT
Goldman Sachs analyst Jesse Hulsing upgraded Tableau Software and raised his price target for the shares to $78 from $59. The company's transition to predominantly recurring revenue can drive nearly $1.2B of annual recurring revenue by Q2 of 2020, Hulsing tells investors in a research note. The analyst views the Q2 earnings report as a "major potential catalyst" and sees upside to ratable guidance as likely.
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