Splunk (SPLK) Tops Q4 EPS by 4c, Offers Guidance

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Splunk (SPLK) PT Raised to $117 at Bernstein Following 4Q

March 2, 2018 8:21 AM EST

Bernstein raised its price target on Splunk (NASDAQ: SPLK) to $117.00 (from $91.00) while maintaining a Outperform rating Following 4Q. Splunk beat consensus estimates on every metric this quarter with a 7.4% beat on revenue; a 12.4% beat on billings; and a 300 bps beat on operating... More

Splunk (SPLK) PT Raised to $123 at Needham & Company

March 2, 2018 7:28 AM EST

Needham & Company raised its price target on Splunk (NASDAQ: SPLK) to $123.00 (from $115.00) while maintaining a Hold rating.

Analyst Jack Andrews commented, "SPLK reported a strong 4QFY18, handily beating consensus estimates and increasing its guidance for FY19. The key theme of the quarter was continued year-over-year... More

Splunk (SPLK) PT Raised to $101 at Wedbush

March 2, 2018 6:55 AM EST

Wedbush raised its price target on Splunk (NASDAQ: SPLK) to $101.00 (from $94.00) while maintaining a Neutral rating.

Analsyt Steve Koenig notes a strong finish, with good momentum, and notes any challenges look long-term.

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Splunk (SPLK) PT Raised to $110 at Susquehanna

March 2, 2018 6:50 AM EST

Susquehanna raised its price target on Splunk (NASDAQ: SPLK) to $110.00 (from $85.00) while maintaining a Positive rating.

Analyst Anne Meisner notes the company reported an impressive 4Q with significant upside to revenue, deferred revenue and earning.

The firm is updating their... More

Splunk (SPLK) PT Raised to $100 at Morgan Stanley

March 2, 2018 6:36 AM EST

Morgan Stanley raised its price target on Splunk (NASDAQ: SPLK) to $100.00 (from $91.00) while maintaining a Equalweight rating.

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Splunk (SPLK) PT Raised to $115 at Oppenheimer

March 2, 2018 5:05 AM EST

Oppenheimer raised its price target on Splunk (NASDAQ: SPLK) to $115.00 (from $80.00) while maintaining a Outperform rating.

Analyst Shaul Eyal says the company continues to execute well and he believes proliferating use-cases will allow management to sustain healthy growth rates for next several quarters.

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