Tableau Stock Keeps Tumbling As Price Target Lowered
Tableau Software (DATA) continued to sink Monday after an analyst lowered its price target on the database software maker, citing intensifying competition and a more difficult road ahead in enlisting customers. Tableau Software shares were down more than 4% to near 80, in early afternoon trading in the stock market today , on the research note from Summit Research’s Srini Nandury, who lowered his price target below current trading levels to 75.