On Monday, the Vetr crowd downgraded their rating for Tableau Software Inc DATA from 4.5 stars (Strong Buy), issued 11 days ago, to 3 stars (Hold). Crowd sentiment for Tableau is still mostly positive, with 70 percent of Vetr user ratings bullish.
Share price in Tableau spiked in Friday's pre-market session following an earnings report that shattered analyst estimates for EPS ($0.26 against an estimate of $0.13), and revenue ($250.7 million compared to an estimated $230 million). The volume on DATA pushed the stock up 18 percent, up to a high of $56.91. By the end of trading on Monday, the stock was at $54.12.
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Currently, the Vetr crowd's average target price for the stock is down at $54.28, which is below the average analyst target price of $62.15. Less than 2 percent of Vetr users are holding DATA in their watch-lists.
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