Tableau Software (DATA) provides various business analytics software products in the United States, Canada, and internationally.
The company offers Tableau Desktop, a self-service analytics product to access and analyze data independently; Tableau Server, a business intelligence platform with enterprise-class data management, scalability, and security to foster the sharing of data, to improve the dissemination of information in an organization, and promote improved decision-making; and Tableau Public, a cloud-based platform that allows the users of bloggers, journalists, researchers, and government workers to visualize public data on their Websites.
It also provides related maintenance and support, and professional and training services.
The company offers its products to organizations in various industries, including business services, energy and telecommunications, financial services, Internet, life sciences and healthcare, manufacturing and technology, media and entertainment, public sector, education, retail, consumer, and distribution industries directly, as well as through technology vendors, resellers, and original equipment manufacturer and independent software vendor partners.
Shares have formed a bullish "cup & handle" and higher share prices are expected for this stock. The firm reports its quarterly results today after the close. We are now hearing rumors of good news for this stock. One of the rumors states that the firm reports strong quarterly results after the close.
52-Week Trading Range: $44.00 - $82.33
Entry Point: $80.00
Stop Loss: $76.00
Target Price: $88.00
Tableau Software (DATA) is trading above our target price in pre-market, following last night's strong results. We are raising our stop loss to $87.50 to protect our gains, and riding the shares higher. Watch for other updates on DATA.
We are taking profits on DATA.