Tableau Software Inc (NYSE:DATA) announced last night that Adam Selipsky, former Vice President of Marketing, Sales, and Support for Amazon Web Services would be filling the role of new DATA CEO and President effective September 16. For Drexel Hamilton top analyst Brian White, this comes as welcome news following the software giant’s struggle with sharp declines in share price ever since last summer, with stock now down 58% from its peak in July 2015.

White notes that on the heels of “disappointing financial performance as the company struggled with change, we believe new leadership was necessary.” Subsequently, the analyst reiterates a Buy rating on shares of DATA with a $75 price target, which represents an almost 37% increase from where the stock is currently trading.

Especially as next-generation software acquisitions begin to pick up, White assesses DATA to be at an “attractive value,” asserting, “We continue to believe Tableau has an opportunity to eventually become a “must have tool” for information workers.”

White concludes, “Tableau has grown revenue from just $13 million in 2008 to an estimated $838 million this year based on our projections. As such, the company is no longer a fledgling organization with a start-up culture but one that is more mature and much larger, requiring a leader with a different skill set.”

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As usual, we like to include the analyst’s track record when reporting on new analyst notes to give a perspective on the effect it has on stock performance. According to TipRanks, top five-star analyst Brian White has achieved a high ranking of #78 out of 4,122 analysts. White upholds a 62% success rate and realizes 9.3% in his annual returns. However, when recommending DATA, White loses 7.4% in average profits on the stock.

TipRanks analytics exhibit DATA as a Buy. Based on 21 analysts polled in the last 3 months, 13 rate a Buy on DATA, while 8 maintain a Hold. The consensus price target stands at $64.24, marking a 17% increase from where the shares last closed.Screen Shot 08-23-16 at 04.46 PM