Wedbush Remains Bullish on Splunk (SPLK) Following 2Q16 Earnings Results

UBS Cuts Price Target on Splunk (SPLK) to $76 Following 2Q16

August 28, 2015 9:40 AM EDT

UBS maintained a Buy rating on Splunk (NASDAQ: SPLK), and cut the price target to $76.00 (from $82.00), following the company's 2Q16 earnings results. SPLK showed a $5M license beat and $8M total revs beat, that was aided by strong execution in the Americas, upside from healthy state/local government demand, and strong order volumes with SPLK recording its... More

Splunk (SPLK) PT Bumped to $74 at Cowen

August 28, 2015 7:14 AM EDT

Cowen analyst Gregg Moskowitz reiterated an Outperform rating and bumped his price target on Splunk (NASDAQ: SPLK) to $74.00 (from $72.00) following a "very good" quarter.

Moskowitz commented, "As we had previewed, SPLK's F2Q showed more modest levels of upside to... More

Needham & Company Maintains Hold Rating on Splunk (SPLK) Following 1c EPS Beat

August 28, 2015 6:44 AM EDT

Needham & Company maintained a Hold rating on Splunk (NASDAQ: SPLK) following the company's 2Q16 earnings report. SPLK reported revenue of $148m, above the Street's $140m estimate. EPS of $0.03 beat Street's estimate by 1c. Overage in revenue did not flow through to EPS, due... More

After Hours Stocks Movers 08/27: (FCX) (ATVI) (UAL) Higher; (VNEM) (BEBE) (ADSK) (more...)

August 27, 2015 6:16 PM EDT

Violin Memory (NYSE: VMEM) 25.6% LOWER; reported Q2 EPS of ($0.19), $0.01 better than the analyst estimate of ($0.20). Revenue for the quarter came in at $15.3 million versus the consensus estimate of $18.07 million.

Freeport-McMoran (NYSE: FCX) 18.7% HIGHER; Carl Icahn filed a 13D on Freeport-McMoran (NYSE: FCX) showing a new 88,000,000 share, or 8.5%, stake in the company.

bebe stores (NASDAQ: BEBE) 9% LOWER; reported Q4 EPS of ($0.05), $0.01 worse... More

Splunk (SPLK) Tops Q2 EPS by 1c, FY Revenue Guidance Beats

August 27, 2015 4:04 PM EDT

Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.03, $0.01 better than the analyst estimate of $0.02. Revenue for the quarter came in at $148.3 million versus the consensus estimate of $140.31 million.

We are pleased with our quarterly results and thrilled to cross the 10,000 customer mark worldwide, said... More

Trading Radar for 8/26: Smuck (SJM), GameStop (GME), bebe stores (BEBE), Tiffany & Co. (TIF), Smith & Wesson (SWHC) Report

August 26, 2015 2:11 PM EDT

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EDT

Initial Claims - Street sees 275kContinuing Claims - Street sees 2.249MGDP: 2nd Est. - Street sees 3.1%

Earnings:

1-800-FLOWERS.com (Nasdaq: FLWS) - consensus loss $0.14
Burlington Stores (NYSE: BURL) - consensus EPS $0.12
Destination Maternity (Nasdaq: DEST) - no... More