Short Term Rating on Tableau Software (DATA)

Tableau Software (DATA) : The consensus on Tableau Software (DATA) based on 22 analyst recommendation on the company stock is 1.93, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 13 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 6 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Tableau Software (DATA) : Average target price received by Tableau Software (DATA) is $69.06 with an expected standard deviation of $21.58. The most aggressive target on the stock is $119, whereas the most downbeat target is $40. 18 financial analysts are currently covering the stock.

For the current week, the company shares have a recommendation consensus of Buy.


Tableau Software (NYSE:DATA): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $50.60 and $50.49 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $53.71. The buying momentum continued till the end and the stock did not give up its gains. It closed at $53.13, notching a gain of 5.37% for the day. The total traded volume was 2,042,441 . The stock had closed at $50.42 on the previous day.

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.

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