Splunk (SPLK) Misses Q1 EPS by 21c, Revenue Beats, Offers Guidance

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Go back to Splunk (SPLK) Misses Q1 EPS by 21c, Revenue Beats, Offers Guidance

Splunk (SPLK) PT Lowered to $198 at Needham & Company

June 3, 2021 9:35 AM EDT

Needham & Company analyst Jack Andrews lowered the price target on Splunk (NASDAQ: SPLK) to $198.00 (from $265.00) while maintaining a Buy rating.

The analyst commented, "SPLK reported solid 1FY22 results as revenue was ahead of consensus and Cloud ARR maintained its high rate of... More