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

Splunk (SPLK): Raising PT After An Exceptional Quarter - Drexel Hamilton

Drexel Hamilton analyst, Brian White, reiterated his Buy on shares of Splunk (NASDAQ: SPLK) and noted that he would be an aggressive buyer of Splunk on any weakness this morning. Splunk reported 2Q:FY17 revenue of $212.8 million (up 43% YoY) that beat Street consensus of $200.5... More

Futures flat as investors count down to Yellen speech

By Yashaswini Swamynathan

(Reuters) - U.S. stock index futures were little changed on Friday as investors await Federal Reserve Chair Janet Yellen's speech at 10:00 a.m. ET for clues on the timing of the next rate hike.

Recently, a host of Fed policymakers, including two on Thursday, have pushed the case for raising interest rates by pointing at improving employment and inflation rates.

But not all Fed policymakers are on board for a rate... More

Splunk (SPLK): Cloud Weighs on License But Raising PT - Wedbush

Wedbush analyst, Steve Koenig, reiterated his Outperform rating on shares of Splunk (NASDAQ: SPLK) after a strong revenue beat and guidance raise. Cloud grew rapidly, consistent with channel checks but the transition led to significant license deceleration. Checks and analysis give the analyst... More

Splunk (SPLK): Revenue Momentum Continues; Cloud Performance Strong - Oppenheimer

Oppenheimer analyst, Shaul Eyal, reiterated his Outperform rating on shares of Splunk (NASDAQ: SPLK) along with the price target of $80. For 2Q17 (July '16), Splunk posted $0.05/$213M (revenue +43% y/y), beating the consensus $0.03/$200.5M. During 2Q, SPLK saw strong cloud growth and signed more than 500... More

Stifel Downgrades Splunk (SPLK) to Hold

Stifel downgraded Splunk (NASDAQ: SPLK) from Buy to Hold.

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 $65.10 yesterday.

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