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Fly News Breaks for February 6, 2019
DATA
Feb 6, 2019 | 09:35 EDT
BTIG analyst Edward Parker raised his price target on Tableau to $150 and kept his Buy rating after its Q4 results, saying the company's "transition to subscription revenue is making major strides". The analyst added that Tableau's additional disclosure of KPI metrics that include annual recurring revenue and contract assets gives investors a "much better handle on the health of the business", with the management's investment in furthering product depth and breadth adding to its positive fundamentals.
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