Splunk (SPLK) Tops Q2 EPS by 3c; Boosts FY13 Outlook; Guides Q3

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Drexel Hamilton Maintains a 'Hold' on Splunk (SPLK); Some Sticking Points, But Not All Roses

August 31, 2012 8:11 AM EDT

Drexel Hamilton maintains a 'Hold' on Splunk (NASDAQ: SPLK) price target of $30.00 (from $27.00).

Analyst, James Gilman, said, "Yesterday after market close Splunk reported F2Q13 ahead of consensus estimates and guided F3Q13 and FY13 above prior estimates. Management provided additional operating metrics that... More