JPMorgan analyst Mark Murphy raised his price target for Tableau Software to $125 saying the company last night reported a "solid" Q3 in which ratable bookings exceeded the company's expectations. Further, Tableau's outlook for 20% growth in 2019 is "distinct evidence that the model transition is farther along than anticipated, demand is broad based, and role-based subscription offerings can allow the company to appeal to a wider range of large organizations that seek to deploy analytics in multi-thousand-seat increments," Murphy tells investors in a post-earnings research note. He keeps an Overweight rating on the shares.