Splunk .conf18 to Feature Industry Visionaries and Product Innovations

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Splunk (SPLK) PT Raised to $135 at BofA/Merrill Lynch

August 16, 2018 7:50 AM EDT

BofA/Merrill Lynch analyst Kash Rangan raised the price target on Splunk (NASDAQ: SPLK) to $135.00 (from $128.00) while maintaining a Buy rating ahead of the company's 2Q earnings report. Rangan raised FQ2/FQ3 estimates by ~$8.8mn/$6.5mn to $368/$441mn (vs. Street: $358/$428mn). SPLK... More