Splunk Accelerates Momentum in Industrial Data and Internet of Things

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Oppenheimer Remains Bullish on Splunk (SPLK) Following User Conference

September 24, 2015 7:22 AM EDT

Oppenheimer Reiterated an Outperform rating and $80.00 price target on Splunk (NASDAQ: SPLK) following the company's 6th annual user conference in Las Vegas. A highlight of SPLK's user conference was the achievement of lower total cost of ownership with version 6.3 of the company's flagship offering.... More

Canaccord Genuity Cuts Price Target on Splunk (SPLK) to $75 Following Analyst Day

September 23, 2015 8:35 AM EDT

Canaccord Genuity reiterated a Buy rating on Splunk (NASDAQ: SPLK), and cut the price target to $75.00 (from $83.00), following the company's analyst day. Splunk introduced a new IT Service Intelligence solution providing IT managers with an end-to-end solution for increasing visibility into the performance of IT services.

Analyst Richard Davis... More