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Fly News Breaks for June 19, 2019
CRM, DATA
Jun 19, 2019 | 05:52 EDT
UBS analyst Jennifer Swanson Lowe downgraded Tableau Software (DATA) to Neutral from Buy while raising her price target for the shares to $166 from $159 to reflect the takeover by Salesforce (CRM).
News For DATA;CRM From the Last 2 Days
CRM
Jul 15, 2019 | 05:56 EDT
Jefferies analyst John DiFucci conducted a Salesforce partner survey to assess the impact of a major platform outage that began May 17. The survey suggests broad-based customer impact, including on current buying decisions, which may affect the company's fiscal Q2, DiFucci tells investors in a research note. The analyst, however, believe current consensus estimates seem conservative. Further, DiFucci believes Salesforce's pipeline "remains robust" and that it is well positioned to achieve its long-term goals. The analyst keeps a Buy rating on the shares with a $189 price target.