Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World

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Go back to Cisco to Acquire Splunk, to Help Make Organizations More Secure and Resilient in an AI-Powered World

Splunk (SPLK) PT Raised to $157 at Mizuho Securities, 'we're curious if CSCO will make significant changes to pricing'

September 21, 2023 12:25 PM EDT

Mizuho Securities analyst Gregg Moskowitz raised the price target on Splunk (NASDAQ: SPLK) to $157.00 (from $116.00) while maintaining a Neutral rating.

The analyst comments "...our checks have routinely indicated that SPLK's pricing remains a high barrier for significant adoption, and if anything this has... More

Splunk (SPLK) PT Raised to $157 at Truist Securities, 'favorable outcome for SPLK shareholders'

September 21, 2023 12:23 PM EDT

Truist Securities analyst Joel Fishbein Jr. raised the price target on Splunk (NASDAQ: SPLK) to $157.00 (from $130.00) while maintaining a Buy rating.

The analyst comments "We see this morning's announcement as a highly positive outcome for Splunk shareholders. The company has continued to work... More

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

Splunk (SPLK) to Resume Trading at 8:15 a.m.

September 21, 2023 7:58 AM EDT

Splunk (NASDAQ: SPLK) to Resume Trading at 8:15 a.m.

... More