Stifel Downgrades Splunk (SPLK) to Hold

Canaccord Lifts PT on Splunk (SPLK) to $75; MGD Unit, Security Efforts Will Bolster Growth Prospects

Canaccord Genuity boosts it price target on Buy-rated Splunk (NASDAQ: SPLK) from $65 up to $75 following Q2 results released Thursday night.

The firm commented today, We expect SPLK shares to outperform the market over a 6+ month time frame as investors recognize that 1)... More

Splunk (SPLK) Tops Q2 EPS by 2c; Raises FY Rev Outlook

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.05, $0.02 better than the analyst estimate of $0.03. Revenue for the quarter came in at $212.8 million versus the consensus estimate of $200.52 million.

GUIDANCE:

Splunk sees Q3 2017 revenue of $228-230 million, versus the consensus of $228.87... More