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Morgan Stanley Sees More Upside Ahead for Tableau Software

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In a report published Wednesday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on Tableau Software (NYSE: DATA).

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.

Latest Ratings for DATA

DateFirmActionFromTo
Jul 2019DowngradesOutperformMarket Perform
Jun 2019DowngradesOutperformNeutral
Jun 2019DowngradesBuyNeutral

View More Analyst Ratings for DATA
View the Latest Analyst Ratings

Posted-In: Keith Weiss Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

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