IT Incidents Damaged the Business Reputation of More than Two-Thirds of Firms Surveyed in New Splunk Study
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Splunk (SPLK) PT Raised to $80 at UBS Following 3Q
November 17, 2017 8:58 AM ESTUBS raised its price target on Splunk (NASDAQ: SPLK) to $80.00 (from $74.00) while maintaining a Buy rating following the company's 3Q report. Splunk made it two strong beats in a row as FQ3 license revs of $180M topped the Street's $165M, with YoY growth... More
Splunk (SPLK) PT Raised to $80 at KeyBanc Following 3Q Report
November 17, 2017 8:29 AM ESTKeyBanc raised its price target on Splunk (NASDAQ: SPLK) to $80.00 (from $70.00) while maintaining a Overweight rating following the company's 3Q. F3Q results impressed, as Splunk exceeded estimates across most major operating metrics. Revenue and billings growth of 34.3% y/y and 38.0% y/y, respectively, showed... More
Splunk (SPLK) PT Raised to $95 at BTIG Following 3Q Release
November 17, 2017 8:26 AM ESTBTIG raised its price target on Splunk (NASDAQ: SPLK) to $95.00 (from $80.00) while maintaining a Buy rating following the company's 3Q. Splunk again delivered a strong quarter, with revenue and billings both coming in well ahead of our/consensus estimates and with a FY revenue... More
Splunk (SPLK) PT Raised to $95 at BofA/Merrill Lynch
November 17, 2017 8:23 AM ESTBofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $95.00 (from $80.00) while maintaining a Buy rating following 3Q. SPLK printed 38% y/y billings growth, 34% growth in core license + cloud revenue and 180bps beat in operating margin. Stock is up 14% AH... More
Splunk (SPLK) PT Raised to $75 at Stifel Following 3Q
November 17, 2017 7:46 AM ESTStifel raised its price target on Splunk (NASDAQ: SPLK) to $75.00 (from $61.00) while maintaining a Hold rating following the company's 3Q. Splunk delivered EPS/revenue of $0.17/$328.7M that came in well above revenue guidance of $307M-$309M and forecasts of $0.13/$308.1M. The top-line beat was... More
