Stifel Reiterates Buy Rating on Splunk (SPLK) Ahead of 3Q Report
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November 18, 2019 6:59 AM EST
Cowen analyst Derrick Wood reiterated an Outperform rating and $160.00 price target on Splunk (NASDAQ: SPLK) ahead of 3Q earnings on 11/21.
Expectations are already low and the analyst expects upside against conservative numbers but the analyst is concerned about guidance stating "the combo... More
November 18, 2019 4:32 AM EST
Morgan Stanley analyst Keith Weiss upgraded Splunk (NASDAQ: SPLK) from Equalweight to Overweight with a price target of $169.00 (from $140.00).
ncreasing clarity from a shift to a recurring rev model likely reveals a durable 25%+ ARR growth story, with FY23 FCF approaching $1B -...
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November 15, 2019 9:16 AM EST
(Updated - November 15, 2019 9:32 AM EST)
(update comment)
OTR Global remains positive on Splunk (NASDAQ: SPLK).
SI NOTE: Shares were hit yesterday on a downgrade at Cleveland Research.
The analyst comments "Most Splunk partners met or exceeded their FY3Q20... More
November 14, 2019 9:35 AM EST
Splunk (NASDAQ: SPLK) Declines 5.6%
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November 14, 2019 9:30 AM EST
Cleveland Research analyst Ben Bollin downgraded Splunk (NASDAQ: SPLK) from Buy to Neutral.
For an analyst ratings summary and ratings history on Splunk click here. For more ratings news on Splunk click here.
Shares of Splunk closed at $122.00 yesterday.
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