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Fly News Breaks for May 3, 2018
DATA
May 3, 2018 | 08:25 EDT
BMO Capital analyst Keith Bachman raised his price target on Tableau to $102 after the company's Q1 revenue beat, saying its revenue and billings trends are positive. The analyst keeps his Market Perform rating, adding that the management's optimization of customer penetration comes at the expense of profitability. Bachman believes this is a positive longer term, though he also lowers his free cash flow forecasts in the short run.
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