Tableau’s stock rose almost 3 percent in trading on Wall Street today to $73.39 a share, putting the company’s market cap at $5.46 billion. The news comes after Credit Suisse analyst Phil Winslow upgraded the stock to Outperform and set a price target of $100. Winslow said the increase was due to Tableau’s technology advantage in the data visualization space, as well as its international expansion. If the company’s stock price hits that target, it would roughly match Tableau’s all time high stock price of $100.05, which the company hit in February of this year.
News Brief
