Tableau Software (DATA) : 12 brokerage houses believe that Tableau Software (DATA) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 7 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Tableau Software (DATA). Zacks Investment Research suggests a Hold with a rank of 3. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 22 Wall Street Analysts endorse the stock as a Buy with a rating of 2.02.
Tableau Software (DATA) : The most positive equity analysts on Tableau Software (DATA) expects the shares to touch $119, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 20 Wall Street Brokerage Firms. The average price target for shares are $68.05 with an expected fluctuation of $20.74 from the mean.
For the current week, the company shares have a recommendation consensus of Buy. Also, Deutsche Bank downgrades their rating on the shares of Tableau Software (NYSE:DATA). The current rating of the shares is Hold. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on July 25, 2016.
Tableau Software (NYSE:DATA): The stock opened at $52.87 on Wednesday but the bulls could not build on the opening and the stock topped out at $53.50 for the day. The stock traded down to $50.27 during the day, due to lack of any buying support eventually closed down at $53.20 with a loss of -5.67% for the day. The stock had closed at $56.40 on the previous day. The total traded volume was 6,005,000 shares.
Tableau Software, Inc. (Tableau) is a provider of analytics and business intelligence software solutions. The Companys products are Tableau Desktop, a self-service analytics product, Tableau Server, a business intelligence platform for organizations, Tableau Online, a cloud-based version of Tableau Server, and Tableau Public, a free cloud-based platform for analyzing and sharing public data. The Companys products are used by people across a range of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits. The Companys technologies include visual query language (VizQL), a visual query language that translates drag-and-drop actions into data queries and then expresses the information visually, and Hybrid Data Architecture, which combines the Companys Live Query and In-Memory Data Engines technologies. The Company markets its products under the Tableau brand.