William Blair maintains Outperform on Splunk (NASDAQ: SPLK).

Analyst Bhavan Suri believes the company's "solid business momentum" will continue and over the LT we he remains positive on the company's positioning noting "signs suggest the company's platform strategy is resonating with the market" which allows SPLK to pull away from the competition.

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 $116.31 yesterday.