Splunk (SPLK) Tops Q1 EPS by 3c

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Splunk (SPLK) PT Raised to $63 at MKM Partners on 1Q Report; 'Beginning Of a Transitional Year'

May 26, 2017 12:21 PM EDT

MKM Partners raised its price target on Splunk (NASDAQ: SPLK) to $63.00 (from $60.00) while maintaining a Neutral rating, following the company's first quarter earnings report.

Analyst Kevin Buttigieg notes the company delivered first quarter earnings per share, revenues, billings figures above consensus... More