Splunk (SPLK) weekly IV above 120 into quarter results and outlook

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RBC Capital Reiterates Outperform Rating on Splunk (SPLK)

March 4, 2021 6:44 AM EST

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $235.00 price target on Splunk (NASDAQ: SPLK) following a 4Q review. Splunk delivered a nice bounce-back quarter with results better-than-expected as several of the large, pushed deals from Q3/21 closed and procurement patterns... More