Topeka Boosts Price Target on Splunk (SPLK)
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Price: $156.90 --0%
Rating Summary:
24 Buy, 34 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
24 Buy, 34 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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On Tuesday Afternoon Topeka Capital retreated a Buy rating on Splunk (NASDAQ: SPLK) and boosted its price target to $50.00 (from $43.00).
"We are raising our 12-month price target to $50.00 from $43.00 for Buy-rated Splunk to account for our increased free cash flow projections. Over the past month, Big Data has gained momentum and we believe Splunk is one of the few pure plays on this theme," said analyst Brian J. White.
For an analyst ratings summary and ratings history on Splunk (NASDAQ: SPLK) click here. For more ratings news on Splunk click here.
Shares of Splunk closed at $39.98 yesterday.
"We are raising our 12-month price target to $50.00 from $43.00 for Buy-rated Splunk to account for our increased free cash flow projections. Over the past month, Big Data has gained momentum and we believe Splunk is one of the few pure plays on this theme," said analyst Brian J. White.
For an analyst ratings summary and ratings history on Splunk (NASDAQ: SPLK) click here. For more ratings news on Splunk click here.
Shares of Splunk closed at $39.98 yesterday.
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