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Fly News Breaks for January 16, 2019
DATA
Jan 16, 2019 | 07:25 EDT
Citi analyst Tyler Radke says Tableau Software remains a top idea for 2019 following a deep dive analysis. The analyst has a Buy rating on the shares with a $148 price target. Radke sees Tableau appealing to a broader investor base in 2019 with its subscription transition in the late stages, a "still broad" market opportunity, good visibility to sustained 20%-plus top-line growth along with improving operating and cash flow margins. Tableau has only penetrated around 2% of a broad market opportunity, the analyst tells investors in a research note.
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