RBC Capital Downgrades Splunk (SPLK) to Sector Perform

RBC Capital analyst Matthew Hedberg downgraded Splunk (NASDAQ: SPLK) from Outperform to Sector Perform with a price target of $157.00 (from $132.00).

For an analyst ratings summary and ratings history on Splunk click here. For more ratings news on Splunk click here.

Shares of Splunk closed at $144.43 yesterday.

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