Splunk (SPLK) PT Raised to $154 at Oppenheimer
Oppenheimer analyst Shaul Eyal raised the price target on Splunk (NASDAQ: SPLK) to $154.00 (from $130.00) while maintaining a Outperform rating.
- Expects company to maintain strong revenue growth pace "for some time to come."
- Believes company should expand margins through operating leverage and efficiency gains.