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Fly News Breaks for January 17, 2019
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Jan 17, 2019 | 07:23 EDT
Barclays analyst Raimo Lenschow raised his price target for Tableau Software to $137 saying the company's transition to a subscription model is happening faster than expected. Ratable revenue reached a point where the top-line is already starting to accelerate, Lenschow tells investors in a research note. He believes multiple data points show an acceleration of Tableau's fundamentals and keeps an Overweight rating on the shares.
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