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

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

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

August 26, 2016 9:17 AM EDT

Canaccord Genuity boosts it price target on Buy-rated Splunk (NASDAQ: SPLK) from $65 up to $75 following Q2 results released Thursday night.

The firm commented today, We expect SPLK shares to outperform the market over a 6+ month time frame as investors recognize that 1)... More