Tableau Software Coverage Initiated at Atlantic Securities (DATA)
Atlantic Securities assumed coverage on shares of Tableau Software (NYSE:DATA) in a research note issued on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Tableau Software (NYSE:DATA) last posted its quarterly earnings results 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 quarterly revenue was up 90.3% on a year-over-year basis.
A number of other firms have also recently commented on DATA. Analysts at Cantor Fitzgerald initiated coverage on shares of Tableau Software in a research note to investors on Wednesday, December 18th. They set a “buy” rating and a $88.00 price target on the stock. Separately, analysts at Robert W. Baird initiated coverage on shares of Tableau Software in a research note to investors on Tuesday, December 17th. They set a “neutral” rating and a $70.00 price target on the stock. They noted that the move was a valuation call. Finally, analysts at Mizuho initiated coverage on shares of Tableau Software in a research note to investors on Monday, December 16th. They set a “neutral” rating and a $60.00 price target on the stock. Fourteen investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Tableau Software has an average rating of “Hold” and an average price target of $69.00.
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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