Qlik Technologies (QLIK) is gaining in the fast-growing data analytics market, as its Q1 earnings beat late Thursday earned the company some price target hikes. But the company, which competes with Tableau Software (DATA), Salesforce.com (CRM) and others, reduced its revenue outlook for the year due to currency headwinds. Still, its report prompted at least five investment banks to raise their price targets on the company, which makes software
Tableau Software’s (DATA) Q4 beat was “particularly impressive,” said an analyst, as investment banks raised price targets and the stock neared a record high. At least three investment banks raised price targets Thursday after the data analytics software maker late Thursday posted Q4 earnings and revenue that crushed Wall Street expectations. The leader in data analytics visualization software — designed to make it easy for nontechie workers to
Tableau Software continues to find big growth in Big Data. The enterprise software company reported Q4 earnings after the close Wednesday that blew past analyst estimates as the company stayed hot in the fast-growing data analytics software market. Tableau Software’s (DATA) revenue outlook for the current quarter also exceeded views, but its bottom-line outlook missed. Tableau stock was up 13% in after-hours trading Wednesday after the company