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In a report published Wednesday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on
Tableau SoftwareDATA.
In the report, Morgan Stanley noted, “License revenue growth of 93% YoY represented an >25% beat and accelerating growth in Q4. With a customer base up >50% YoY, deals >$100K at three times the CY12 quarterly average and profitability well above consensus, results more closely follow our bull case, suggesting more upside ahead for DATA.”
Tableau Software closed on Tuesday at $79.43.
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