Tableau Software PT Raised to $68.00 at JPMorgan Chase & Co. (DATA)
Investment analysts at JPMorgan Chase & Co. raised their target price on shares of Tableau Software (NYSE:DATA) from $60.00 to $68.00 in a note issued to investors on Tuesday, AnalystRatings.NET reports. The firm currently has a “neutral” rating on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 14.25% from the company’s current price.
Shares of Tableau Software (NYSE:DATA) traded down 0.40% during mid-day trading on Tuesday, hitting $59.28. The stock had a trading volume of 827,451 shares. Tableau Software has a 52 week low of $44.00 and a 52 week high of $77.74. The stock has a 50-day moving average of $68.24 and a 200-day moving average of $61.93. The company’s market cap is $3.507 billion.
Tableau Software (NYSE:DATA) last issued its quarterly earnings data on Monday, October 28th. The company reported $0.08 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.09) by $0.17. The company had revenue of $61.10 million for the quarter, compared to the consensus estimate of $50.93 million. The company’s revenue for the quarter was up 90.3% on a year-over-year basis.
DATA has been the subject of a number of other recent research reports. Analysts at FBN Securities initiated coverage on shares of Tableau Software in a research note to investors on Thursday, September 26th. They set an “outperform” rating and a $85.00 price target on the stock. Separately, analysts at Susquehanna raised their price target on shares of Tableau Software from $57.00 to $62.00 in a research note to investors on Friday, August 9th. They now have a “neutral” rating on the stock. Finally, analysts at JMP Securities raised their price target on shares of Tableau Software from $65.00 to $78.00 in a research note to investors on Friday, August 9th. They now have a “market outperform” rating on the stock. Nine equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $65.11.
Tableau Software, Inc is a computer software company. The Company’s products are used by people across all kinds of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits.
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