Splunk (SPLK) Reports In-Line Q2 EPS, Revenues Miss; Offers 3Q Revenue Guidance Below Consensus
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Go back to Splunk (SPLK) Reports In-Line Q2 EPS, Revenues Miss; Offers 3Q Revenue Guidance Below Consensus
August 27, 2020 8:26 AM EDT
Citi analyst Walter Pritchard upgraded Splunk (NASDAQ: SPLK) from Sell to Neutral with a price target of $234.00 (from $105.00).
The analyst comments "FY23 targets look less aggressive on the back of an uptick in cloud ARR growth, which we see as more sustainable than... More
August 27, 2020 8:14 AM EDT
DA Davidson analyst Andrew Nowinski raised the price target on Splunk (NASDAQ: SPLK) to $240.00 (from $190.00) while maintaining a Buy rating following the company's 2Q earnings report. Splunk missed guidance for the second quarter in a row, though cloud revenue continued to exceed expectations. Revenue of... More
August 26, 2020 4:11 PM EDT
Splunk Inc. (NASDAQ: SPLK) today announced the appointment of Sean Boyle to its Board of Directors.
As a board member, Boyle brings more than 25... More
August 25, 2020 4:20 PM EDT
Workday (NASDAQ: WDAY) and other Salesforce (NYSE: CRM) peers traded higher post-market following Salesforce's blowout results.
Salesforce gained 9.35%, Workday was up 3%.
Update:
ServiceNow (NYSE: NOW) and Splunk (NASDAQ: SPLK) also gained.
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August 25, 2020 11:19 AM EDT
JPMorgan analyst Mark R. Murphy raised the price target on Splunk (NASDAQ: SPLK) to $210.00 (from $190.00) while maintaining a Overweight rating.
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