Mizuho Securities Raises Price Target on Tableau Software (DATA) to $108 Following 2Q15

Cantor Fitzgerald Remains Bullish on Tableau Software (DATA) Following 2Q Earnings Release

July 30, 2015 11:25 AM EDT

Cantor Fitzgerald reiterated a Buy rating and $162.00 price target on Tableau Software (NYSE: DATA) following 2Q results. Analyst Brian White believes that the trajectory of the Tableau story remains very positive, and that today's selloff could be driven by some profit taking for... More

Market Wrap: Pending Sales Miss Views in June; FOMC Looks to Jobs for Rate Hike; Facebook Slumps on Mobile Results

July 29, 2015 5:43 PM EDT

Market wrap for July 29th

End of the Day: S&P 500 up 15.3 to 2,108.57; Dow Jones up 121.1 to 17,751.39; Nasdaq up 22.5 to 5,111.73

Market Brief: The FOMC saw the U.S. economy expanding moderately in Q2 following a downturn in Q1 and expects a rate hike upon further job market improvement.

Markets reacted little to the FOMC statement today. All markets finished higher on the session.

Facebook was lower in late trading following its Q2 report as mobile metrics continued to... More

Tableau Software (DATA) Shares Tick Higher on Increased Buying Pressure

July 29, 2015 2:28 PM EDT

Tableau Software (NYSE: DATA) is seeing some strong trading activity as shares look to pare a bit of today's dip lower.

Market data has net money flow at $17.7 million for an uptick-to-downtick ratio at 1.08 times, suggesting slightly stronger buying pressure. The 14-day... More

Deutsche Bank Comments on Tableau Software's (DATA) Results; 'Beat' Not Enough, Says Analyst

July 29, 2015 2:16 PM EDT

Deutsche Bank maintained a Buy rating on Tableau Software (NYSE: DATA) but lowered its price target to $130.00 (from $140.00). Shares tumbled after the company reported Q2 results, despite besting expectations on the top and bottom line. In the view of analyst Karl Keirstead, the beat was not enough.

Keirstead explained, "Tableau posted 2Q15 growth that would make almost any other software company envious, namely 65% total revs growth to $150m, 60% license revs growth, 50%+ customer growth and ~50% growth in the number of $100k+ deals. However, Street expectations were high and total revs beat the... More

Unusual 11 Mid-Day Movers 7/29: (RJET) (NHTC) (OGEN) Higher; (NSLP) (YELP) (VDSI) Lower

July 29, 2015 12:53 PM EDT

Republic Airways (Nasdaq: RJET) 45.5% HIGHER; rebounding following a nearly 60 percent drop on Monday and Tuesday following Q2 results and legal update.

New Source Energy (NYSE: NSLP) 43.1% LOWER; announced that the Board of Directors of its General Partner has decided to suspend the cash distribution on common units.

Natural Health Trends Corp. (Nasdaq: NHTC) 41.5% HIGHER; announced continued growth for the quarter and six month periods ended June 30, 2015. Total revenues increased... More

Pre-Open Stock Movers 07/29: (CYT) (RUBI) (BWLD) Higher; (YELP) (DATA) (TWTR) Lower (more...)

July 29, 2015 9:28 AM EDT

Cytec Industries (NYSE: CYT) 26.7% HIGHER; has entered into a definitive merger agreement with Brussels-based Solvay. The total cash consideration will amount to US$5.5 billion, corresponding to an enterprise value of US$6.4 billion. The transaction price per share... More

Splunk (SPLK), Peers Decline in Sympathy with Tableau Software (DATA)

July 29, 2015 9:22 AM EDT

Splunk (NASDAQ: SPLK) declined in sympathy with peer Tableau Software (NYSE: DATA) as shares were pressured following the release of Q2 results. While Tableau beat on the top and bottom line, growth appears to have disappointed some, sending shares... More

Tableau Software (DATA) Tops Q2 EPS by 3c, Revenue Beats

July 29, 2015 7:43 AM EDT

Tableau Software (NYSE: DATA) reported Q2 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $149.9 million versus the consensus estimate of $141.04 million.

Total revenue increased 65% to $149.9 million, up from $90.7 million in the second quarter of 2014. License revenue... More

Trading Radar 7/29: Facebook (FB), MasterCard (MA), McKesson (MCK), MetLife (MET), Baxter (BAX), LifeLock (LOCK) Report

July 28, 2015 2:38 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
7:00am EDT

MBA Mortgage Index - no Street consensus

Earnings:

500.com Ltd. (NYSE: WBAI) - consensus loss $0.08
ACCO Brands (NYSE: ACCO) - consensus EPS $0.16
ADT Corp. (NYSE: ADT) - consensus EPS $0.50
Amedisys (Nasdaq: AMED) - consensus EPS $0.33
American Tower (NYSE: AMT) - consensus... More