Splunk (SPLK) Solid Business Momentum to Continue - William Blair

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Splunk (SPLK) PT Raised to $130 at MoffettNathanson

May 29, 2018 8:03 AM EDT

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

May 25, 2018 8:52 AM EDT

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

... More

Splunk (SPLK) PT Raised to $133 at UBS

May 25, 2018 8:40 AM EDT

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

... More

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

May 25, 2018 8:30 AM EDT

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