Splunk (SPLK) PT Raised to $125 at BMO Capital

Splunk (SPLK) PT Raised to $130 at MoffettNathanson

MoffettNathanson analyst Adam Holt raised estimates and price target on Splunk (NASDAQ: SPLK) to $130.00 (from $120.00) while maintaining a Buy rating.

Holt details:

1) How adjusted billings growth is meaningfully outpacing reported growth and was roughly 40% YoY in Q1
2) The... More

Splunk (SPLK) PT Raised to $135 at Northland Capital Markets

Northland Capital Markets raised its price target on Splunk (NASDAQ: SPLK) to $135.00 (from $110.00) while maintaining a Outperform rating.

Splunk (SPLK) PT Raised to $133 at UBS

UBS raised its price target on Splunk (NASDAQ: SPLK) to $133.00 (from $114.00) while maintaining a Buy rating.

Splunk (SPLK) PT Raised to $130 at Deutsche Bank; Revenues Strong While Billings Miss

Deutsche Bank raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $115.00) while maintaining a Buy rating.

Analyst Karl Keirstead commented, "Splunk posted what we conclude was another good print, although with the stock up sharply YTD buy-side expectations were also much higher.... More

Splunk (SPLK) PT Raised to $126 at Maxim Group

Maxim Group raised its price target on Splunk (NASDAQ: SPLK) to $126.00 (from $116.00) while maintaining a Buy rating.

Splunk (SPLK) PT Raised to $145 at Monness, Crespi, Hardt; Strong Performance in Weakest Quarter

Monness, Crespi, Hardt raised its price target on Splunk (NASDAQ: SPLK) to $145.00 (from $132.00) while maintaining a Buy rating.

Analyst Brian White commented, "Splunk reported strong 1QFY19 results and the company raised its revenue outlook for FY19. The April quarter is... More

Splunk (SPLK) PT Raised to $128 at BofA/Merrill Lynch Following 1Q

BofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $128.00 (from $124.00) while maintaining a Buy rating following 1Q results. SPLK reported strong revenues ahead of the street by $14mn. EPS beat the street's estimates by $0.02.

The results were in-line with the... More

Splunk (SPLK) PT Raised to $132 at Susquehanna

Susquehanna raised its price target on Splunk (NASDAQ: SPLK) to $132.00 (from $110.00) while maintaining a Positive rating.

Analyst Anne Meisner commented, "Splunk reported a strong 1Q19 characterized by significant license revenue upside and better than expected guidance. Q1 was the first quarter of... More

Splunk (SPLK) PT Raised to $125 at RBC Capital

RBC Capital raised its price target on Splunk (NASDAQ: SPLK) to $125.00 (from $117.00) while maintaining an Outperform rating.

Analyst Matthew Hedberg commented, "Splunk reported a strong quarter that beat most consensus estimates by a wide margin, increased FY/19 revenue guidance, and... More

Splunk (SPLK) PT Raised to $124 at Wedbush

Wedbush raised its price target on Splunk (NASDAQ: SPLK) to $124.00 (from $122.00) while maintaining a Outperform rating.

UPDATE: Splunk (SPLK) PT Raised to $130 at Oppenheimer

(Updated - May 25, 2018 6:52 AM EDT)

Oppenheimer raised its price target on Splunk (NASDAQ: SPLK) to $130.00 (from $115.00) while maintaining a Outperform rating following the company's 1Q results. SPLK posted $-0.07/312M vs. the consensus estimates of $-0.09/297M.

For FY19, SPLK... More

Splunk (SPLK) PT Raised to $127 at Needham & Company

Needham & Company raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $123.00) while maintaining a Buy rating.

Splunk (SPLK) PT Raised to $127 at Barclays

Barclays raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $125.00) while maintaining a Overweight rating.

Splunk (SPLK) PT Raised to $120 at JMP Securities; 'Impressive Big Deal and Cash Flow Metrics'

JMP Securities raised its price target on Splunk (NASDAQ: SPLK) to $120.00 (from $108.00) while maintaining a Market Outperform rating.

Splunk (SPLK) PT Raised to $136 at Jefferies

Jefferies raised its price target on Splunk (NASDAQ: SPLK) to $136.00 (from $115.00) while maintaining a Buy rating.

Splunk (SPLK) PT Raised to $130 at BTIG

BTIG raised its price target on Splunk (NASDAQ: SPLK) to $130.00 while maintaining a Buy rating.

Splunk (SPLK) PT Raised to $127 at Mitsubishi UFJ

Mitsubishi UFJ raised its price target on Splunk (NASDAQ: SPLK) to $127.00 (from $107.00) while maintaining a Overweight rating.

Splunk (SPLK) PT Raised to $124 at BofA/Merrill Lynch, Says to Expect Solid Results Which Supports CLaMR Thesis

BofA/Merrill Lynch raised its price target on Splunk (NASDAQ: SPLK) to $124.00 (from $120.00) while maintaining a Buy rating.