Tableau Gets Price Target Increase On Fast Growth

By | January 13, 2015

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Tableau Software (DATA) — a company with revenue under $100 million as recently as 2011 — could reach the billion-dollar revenue mark in the fast-growing data analytics software market in the next three to four years. In a research report Tuesday, Brent Bracelin, an analyst for Pacific Crest Securities, raised his estimates for Q4 2014 and all of 2015 and 2016. He also raised his price target on Tableau stock to 104 from 101 and maintained a buy Scalper1 News

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