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Fly News Breaks for May 2, 2019
DATA
May 2, 2019 | 20:27 EDT
MUFG analyst Stephen Bersey raised his price target on Tableau to $134 after its Q1 earnings beat, saying the company had a "solid" quarter and its revenue miss was attributed to a higher subscription mix than anticipated. The analyst is keeping his Neutral rating on Tableau but contends that its transition to subscription revenue model is "progressing well" and plans to monitor its enterprise performance.
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