A statement released earlier today by Wedbush about Tableau Software (NYSE:DATA) lowers the target price to $65.00
- Updated: October 13, 2016
In a report announced on Friday October 14, 2016 Wedbush lowered the target price of Tableau Software (NYSE:DATA) from $70.00 to $65.00 reporting a possible upside of 0.33%.
Yesterday Tableau Software (NYSE:DATA) traded 0.00% even at $48.93. The company’s 50-day moving average is $55.24 and its 200-day moving average is $52.32. With the last close down -6.49% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 1,412,053 shares of the stock traded hands, up from an avg. volume of 1,212,850
With a total market value of $0, Tableau Software has with a one year low of $36.60 and a one year high of $104.92 .
A total of 31 equity analysts have released a ratings update on DATA. Seven equity analysts rating the company a strong buy, thirteen equity analysts rating the company a buy, twelve equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $66.94.
Brief Synopsis About Tableau Software (NYSE:DATA)
Tableau Software, Inc. (Tableau) offers software products. The Company's 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 Company's Live Query and In-Memory Data Engines technologies. The Company's products are Tableau Desktop, a self-service analytics product; Tableau Server, a business intelligence platform for organizations; Tableau Online, a hosted software-as-a-service (SaaS) version of Tableau Server; Tableau Public, a cloud-based platform for analyzing and sharing public data, and Vizable, an iPhone operating software (iOS) application used to analyze data on a tablet. The Company's products are used by people across a range of organizations, including small and medium-sized businesses, government agencies, universities, research institutions and non-profits.
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