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Fly News Breaks for February 5, 2019
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Feb 5, 2019 | 20:02 EDT
MUFG analyst Stephen Bersey raised his price target on Tableau to $128 after its Q4 earnings beat, saying the company has likely "continued its streak of enterprise momentum" with more 7-figure deployment wins secured. The analyst believes that the launch of its Creator/Viewer/Explorer product suite has been instrumental in the company winning large deals and expects that momentum to continue in FY19. Bersey also keeps his Neutral rating on Tableau, citing its "healthy trading multiple".
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