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Fly News Breaks for July 11, 2018
DATA
Jul 11, 2018 | 07:50 EDT
As previously reported, KeyBanc analyst Brent Bracelin upgraded Tableau to Overweight from Sector Weight, with a $125 price target, on the prospects of improving fundamentals in 2H18 and into 2019. The analyst has increasing confidence that free cash flow could bottom during Q2 and reaccelerate in 2H18 as subscription revenue approaches 70% of the license mix versus 28% last year.
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