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Stock impact report

Tableau soars as analysts raise targets in unison [Seeking Alpha]

TABLEAU SOFTWARE INC (DATA) 
Last tableau software inc earnings: 5/2 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.tableau.com
Company Research Source: Seeking Alpha
Tableau soars as analysts raise targets in unisonTableau Software (NYSE:DATA) followed up onlast night's earnings beat by hitting a two-year high today, rising a full 9% to close at $84.01.A dozen analysts raised price targets on the shares: On the high side, UBS has raised its target to $108, implying 29% upside from today. On the low side, Morgan Stanley raised its target, but just to $83 from $76 (Morgan Stanley is Equal Weight on the stock; the new target now implies 1% downside).Meanwhile, Maxim, which had rated Tableau a Sell, upgrades to Hold and raises its price target to $88. The results show Tableau's successfully taking on competition with Microsoft, and sales productivity will hit a "respectable" level of 33% in 2018. (h/t Bloomberg)Morgan Stanley says the key will be whether the momentum with which Tableau ended the year carries into 2018, and that the way to a long-term goal of 20% revenue growth isn't clear.Wedbush, which boosted its target to $100, sees more upside ahe Show less Read more
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