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DATA

Tableau

$164.13

-3.34 (-1.99%)

, CRM

Salesforce

$150.12

-2.63 (-1.72%)

05:43
06/12/19
06/12
05:43
06/12/19
05:43

Tableau downgraded to Neutral from Outperform at First Analysis

First Analysis analyst Frank Sparacino downgraded Tableau Software (DATA) to Neutral from Outperform citing the "high probability" of the Salesforce (CRM) buyout closing. Further, the analyst maintains a Neutral rating on MicroStrategy (MSTR). He does not see the company taking part in any future consolidation as an acquirer or target. Further, any potential benefit to ongoing sales cycles from takeover disruption with Tableau and Looker is likely to be minor, Sparacino tells investors in a research note.

DATA

Tableau

$164.13

-3.34 (-1.99%)

CRM

Salesforce

$150.12

-2.63 (-1.72%)

MSTR

MicroStrategy

$134.20

-2.33 (-1.71%)

  • 17

    Jun

  • 23

    Jun

DATA Tableau
$164.13

-3.34 (-1.99%)

06/11/19
JMPS
06/11/19
NO CHANGE
JMPS
Outperform
JMP says Tableau and Looker deals have 'positive implications' for Domo, Alteryx
JMP Securities analyst Patrick Walravens said this week's announcements of deals for Tableau (DATA) and Looker reminds him of 2007, when three leading analytics companies at the time were acquired over a period of eight months. He also believes the deals have "positive lateral implications" for Domo (DOMO), Alteryx (AYX) and private companies such as Sisense. Walravens have Outperform ratings on both Domo and Alteryx.
06/11/19
06/11/19
DOWNGRADE

Neutral
Tableau downgraded to Neutral at BTIG on Salesforce acquisition
As previously reported, BTIG analyst Edward Parker downgraded Tableau (DATA) to Neutral after Salesforce (CRM) announced its intention to acquire the company in an all-stock transaction. The analyst notes that the "very low" regulatory risk to deal closure is offset by the unlikely possibility for another suitor to outbid Salesforce. Parker adds that in the absence of a "meaningful premium" potential to Tableau shares following the Salesforce announcement, a Neutral rating is warranted.
06/11/19
JPMS
06/11/19
NO CHANGE
Target $175
JPMS
Overweight
Tableau buyout a successful exit after 300% rally, says JPMorgan
Tableau Software (DATA) shares have now completed a quadruple since the "messy period" of a few years ago, rallying 317% since February 16, 2016, versus the S&P 500's gain of 52% in that period, JPMorgan analyst Mark Murphy tells investors in a research note. The analyst says he appreciates "multiple elements" of the proposed Salesforce (CRM) buyout and views the deal as a "successful exit" for Tableau. He raised his price target for the stock to $175 from $140 and keeps a Overweight rating on the name.
06/11/19
UBSW
06/11/19
NO CHANGE
Target $190
UBSW
Buy
UBS positive on Salesforce purchase of Tableau
UBS analyst Jennifer Lower kept her Buy rating and $190 price target on Salesforce (CRM) after its announced acquisition of Tableau (DATA), saying that while the stock is under pressure given the size of the deal and its near-term dilutive all-stock format, she believes that the assets boost its analytics investment story. Lowe adds that the timing is appropriate for the transaction, with companies turning more focused on Customer Experience and "investing more in data-driven solutions."
CRM Salesforce
$150.12

-2.63 (-1.72%)

06/11/19
RHCO
06/11/19
NO CHANGE
Target $189
RHCO
Buy
Salesforce price target raised to $189 from $183 at SunTrust
SunTrust analyst Terry Tillman raised his price target on Salesforce (CRM) to $189 and kept his Buy rating with a positive view of its announced acquisition of Tableau (DATA). The analyst notes that while the deal introduces some execution risk, it also "brings together integration, customer, and data technologies into a Customer 360 platform story." Tillman adds that the "strong core business" expected on a seasonal basis for the second half of this year, along with expected execution from the acquired MuleSoft and Tableau assets, represent "material catalysts" for Salesforce.
MSTR MicroStrategy
$134.20

-2.33 (-1.71%)

04/22/19
BWSF
04/22/19
NO CHANGE
Target $200
BWSF
Strong Buy
MicroStrategy buybacks warrant investor attention, says BWS Financial
MicroStrategy filed its proxy showing further share repurchases from the last update within its annual filing, BWS Financial analyst Hamed Khorsand tells investors in a research note. Since the beginning of the year, the company has repurchased approximately $46M worth of stock, after having bought back $111M in Q4, the analyst adds. He believes investors should take notice of the "aggressive" repurchase activity after several years of zero shares being purchased. The stock buyback activity is a pretty good indication on how business is trending, Khorsand writes. He still sees "considerable room to the upside" for the shares and keeps a Buy rating on MicroStrategy with a $200 price target.
02/11/19
02/11/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Everi Holdings (EVRI) initiated with a Buy at SunTrust. 2. ChemoCentryx (CCXI) initiated with an Overweight at Piper Jaffray. 3. Regions Financial (RF) initiated with a Neutral at Credit Suisse. 4. Talos Energy (TALO) initiated with a Buy at Guggenheim. 5. MicroStrategy (MSTR) initiated with a Buy at BWS Financial. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
02/11/19
BWSF
02/11/19
INITIATION
Target $200
BWSF
Buy
MicroStrategy initiated with a Buy at BWS Financial
BWS Financial analyst Hamed Khorsand started MicroStrategy with a Buy rating, citing his view that its new platform, MicroStrategy 2019, should enable the company to grow at a faster rate than peers as it retakes market share after devoting three years to building the new platform. Khorsand, who calls MicroStrategy "one of the cheapest cloud software stocks in the market," set a $200 price target on the shares.

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WSC

WillScot

$14.18

-0.17 (-1.18%)

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CYRN

Cyren

$1.60

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VEC

Vectrus

$38.28

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21:32
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OSPN

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-0.38 (-2.68%)

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Initiation
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CMBM

Cambium Networks

$0.00

(0.00%)

21:29
06/25/19
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21:29
Syndicate
Cambium Networks 5.8M share IPO price $12.00 »

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VICI

VICI Properties

$21.80

-0.52 (-2.33%)

21:27
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21:27
Syndicate
VICI Properties 100M share Secondary priced at $21.50 »

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20:25
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Conference/Events
CLSA Asian tech analysts to hold an analyst/industry conference call »

Asian Technology Analysts…

GIS

General Mills

$53.70

0.04 (0.07%)

, PAYX

Paychex

$84.76

-1.41 (-1.64%)

20:25
06/25/19
06/25
20:25
06/25/19
20:25
Earnings
Notable companies reporting before tomorrow's open »

Notable companies…

GIS

General Mills

$53.70

0.04 (0.07%)

PAYX

Paychex

$84.76

-1.41 (-1.64%)

03/08/13
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BAX

Baxter

$81.71

-0.58 (-0.70%)

19:32
06/25/19
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19:32
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19:32
Initiation
Baxter initiated at KeyBanc »

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FB

Facebook

$188.87

-3.69 (-1.92%)

19:21
06/25/19
06/25
19:21
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19:21
Periodicals
Brazil court reduces fine for Facebook's refusal to share data, Reuters says »

A Brazilian federal…

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PCG

PG&E

$21.62

-0.02 (-0.09%)

19:01
06/25/19
06/25
19:01
06/25/19
19:01
Periodicals
PG&E bondholders seek control of utility's bankruptcy, SVBJ reports »

PG&E's…

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03/08/13
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KMI

Kinder Morgan

$20.58

-0.58 (-2.74%)

18:55
06/25/19
06/25
18:55
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18:55
Hot Stocks
Kinder Morgan says 'very pleased' with Travis County District Court ruling »

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MU

Micron

$32.71

-0.47 (-1.42%)

, FDX

FedEx

$156.00

-4.88 (-3.03%)

18:37
06/25/19
06/25
18:37
06/25/19
18:37
Hot Stocks
Fly Intel: After Hours Movers »

UP AFTER EARNINGS: Micron…

MU

Micron

$32.71

-0.47 (-1.42%)

FDX

FedEx

$156.00

-4.88 (-3.03%)

AVAV

AeroVironment

$61.41

-0.52 (-0.84%)

GBT

Global Blood Therapeutics

$62.42

-0.87 (-1.37%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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18:15
06/25/19
06/25
18:15
06/25/19
18:15
General news
Breaking General news story  »

St. Louis Federal Reserve…

CMCSA

Comcast

$42.75

-0.85 (-1.95%)

, CMCSK

Comcast

$0.00

(0.00%)

18:06
06/25/19
06/25
18:06
06/25/19
18:06
Periodicals
NBC to pull 'The Office' from Netflix in 2021, CNBC says »

Comcast's (CMCSA)…

CMCSA

Comcast

$42.75

-0.85 (-1.95%)

CMCSK

Comcast

$0.00

(0.00%)

NFLX

Netflix

$360.29

-10.72 (-2.89%)

03/08/13
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03/06/13
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FDX

FedEx

$156.00

-4.88 (-3.03%)

18:03
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Hot Stocks
FedEx says U.S. government placing burden on carriers with regulations »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

18:01
06/25/19
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Hot Stocks
FedEx says Huawei packages 'only peripherally' involved in U.S. lawsuit »

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QD

Qudian

$8.46

-0.275 (-3.15%)

18:00
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Syndicate
Breaking Syndicate news story on Qudian »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

, AMZN

Amazon.com

$1,879.26

-34.17 (-1.79%)

17:57
06/25/19
06/25
17:57
06/25/19
17:57
Hot Stocks
Breaking Hot Stocks news story on FedEx, Amazon.com »

FedEx says loss of Amazon…

FDX

FedEx

$156.00

-4.88 (-3.03%)

AMZN

Amazon.com

$1,879.26

-34.17 (-1.79%)

03/08/13
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  • 25

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:56
06/25/19
06/25
17:56
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17:56
Hot Stocks
FedEx sees buyback level significantly lower in FY20 »

Says has created new…

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:51
06/25/19
06/25
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06/25/19
17:51
Hot Stocks
FedEx says has made no pricing changes »

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:46
06/25/19
06/25
17:46
06/25/19
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Hot Stocks
FedEx says international commercial team still poised for growth »

Says TNT Express…

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:43
06/25/19
06/25
17:43
06/25/19
17:43
Hot Stocks
FedEx says global trade picture 'less than ideal' »

Says "all-in"…

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:38
06/25/19
06/25
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Hot Stocks
FedEx calls FY20 a 'transition year' »

Says FY20 a…

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FDX

FedEx

$156.00

-4.88 (-3.03%)

17:37
06/25/19
06/25
17:37
06/25/19
17:37
Hot Stocks
FedEx says intends to substantially grow e-commerce business »

Sees FedEx Freight will…

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