Tableau Plans Offshore Expansion, Stock Falls

By | August 1, 2014

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Tableau Software says that it plans to step up its offshore expansion to compete with rival Qlik Technologies. That news might be why Tableau stock was down despite a Q2 earnings beat. Tableau Software (DATA) stock was down more than 4% in morning trading in the stock market today, near 62. Yet Mizuho Securities on Friday upgraded its rating on Tableau stock to buy from neutral and hiked its price target to 80 from 65. Tableau makes data-analytics Scalper1 News

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