Tableau Software Now Covered by Mizuho (DATA)

Research analysts at Mizuho started coverage on shares of Tableau Software (NYSE:DATA) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating and a $60.00 price target on the stock. Mizuho’s price objective suggests a potential downside of 8.10% from the company’s current price.

Shares of Tableau Software (NYSE:DATA) opened at 65.29 on Monday. Tableau Software has a 1-year low of $44.00 and a 1-year high of $77.74. The stock’s 50-day moving average is $64.11 and its 200-day moving average is $62.85. The company’s market cap is $3.862 billion.

Tableau Software (NYSE:DATA) last announced its earnings results on Monday, October 28th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.17. The company had revenue of $61.10 million for the quarter, compared to the consensus estimate of $50.93 million. The company’s revenue for the quarter was up 90.3% on a year-over-year basis.

 

In other Tableau Software news, Director A Brooke Seawell sold 10,000 shares of the company’s stock on the open market in a transaction that occurred on Tuesday, December 3rd. The shares were sold at an average price of $65.52, for a total value of $655,200.00. The transaction was disclosed in a filing with the SEC, which is available at this link.

DATA has been the subject of a number of other recent research reports. Analysts at FBR Capital Markets initiated coverage on shares of Tableau Software in a research note to investors on Thursday. They set a “market perform” rating and a $70.00 price target on the stock. Separately, analysts at RBC Capital initiated coverage on shares of Tableau Software in a research note to investors on Monday, December 2nd. They set a “sector perform” rating and a $76.00 price target on the stock. Finally, analysts at Janney Montgomery Scott initiated coverage on shares of Tableau Software in a research note to investors on Wednesday, November 13th. They set a “buy” rating and a $85.00 price target on the stock. Twelve equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $67.46.

Tableau Software, Inc is a computer software company. The Company’s products are used by people across all kinds of organizations, including Fortune 500 corporations, small and medium-sized businesses, government agencies, universities, research institutions and non-profits.