Splunk Customers Demonstrate Success on the AWS Cloud

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Splunk (SPLK) PT Raised to $70 at UBS as License Growth Re-Accelerates

November 30, 2016 8:44 AM EST

UBS analyst Brent Thill reiterated a Buy rating and boosted his price target on Splunk (NASDAQ: SPLK) to $70.00 (from $68.00) as license growth re-acceleration impressed.

Thill commented, "SPLK's $12M upside to St's $128M license was the largest beat magnitude since F4Q16, the second largest since IPO, and a welcome upside surprise post a mixed... More

Drexel Hamilton Reiterates Buy on Splunk (SPLK) Following 3Q Beat

November 30, 2016 8:27 AM EST

Drexel Hamilton reiterated a Buy rating and $90.00 price target on Splunk (NASDAQ: SPLK) following the company's 3Q earnings report. Splunk reported revenues of $244.8 million, ahead of the Street's $230.3 million estimate. EPS of $0.12 beat the Street at $0.08.

Analyst Brian White commented, "Overall, we... More