Form 4 SPLUNK INC For: Sep 18 Filed by: Steele Gary

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Go back to Form 4 SPLUNK INC For: Sep 18 Filed by: Steele Gary

Stifel on Splunk (SPLK) and Cisco (CSCO) Deal: 'this is a great outcome for Splunk shareholders'

September 21, 2023 9:52 AM EDT

Stifel analyst Brad Reback reiterated a Hold rating and {REMOVEPT} price target on Splunk (NASDAQ: SPLK).

The analyst comments "Overall we believe this is a great outcome for Splunk shareholders and is a testament to the work that CEO Steele, CFO Roberts and the rest of the senior leadership team has accomplished over the last several quarters to meaningfully improve the operational efficiency of the business while stabilizing ARR... More