- Tableau Software (DATA +13%) appointed Amazon AWS executive Adam Selipsky CEO yesterday and RBC Capital Markets, Pacific Crest Securities and Drexel Hamilton are subsequently retaining Overweight and Buy ratings citing Selipsky's credibility and strong cloud background. Cowen and Company and Brean Capital retain Hold and Market Perform ratings while noting an unfilled head of sales role and concern around large deal sales execution.
- Tableau is up nearly 12% on the month, nearly 27% over the last three months and down almost 35% on the year. The management change has so far been a welcome development in a tough year for the company.