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Fly News Breaks for July 16, 2018
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Jul 16, 2018 | 09:21 EDT
Stifel analyst Tom Roderick said his checks indicate that the demand environment remains very steady for Tableau give him confidence to raise his price target on the stock to $120 from $115 ahead of the company's earnings report scheduled for August 2. He expects the favorable trend in the mix of ratable license bookings that was evident in Q1 to continue in Q2, Roderick noted. He maintains a Buy rating on Tableau shares.
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