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Fly News Breaks for February 6, 2019
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Feb 6, 2019 | 05:19 EDT
Jefferies analyst John DiFucci raised his price target for Tableau Software to $115 and keeps a Hold rating on the shares. The company reported "mixed" Q4 results and guidance, though there certainly confusion pertaining to the transition from ASC 605 to 606, along with a continued financial model transition, DiFucci tells investors in a post-earnings research note. His "simplified analysis" indicates a modest year-over-year decline in new business. The analyst keeps a Hold rating on Tableau.
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