Splunk (SPLK) Tops Q1 EPS by 2c, Boosts FY 14 Revenue Guidance

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Janney Starts Splunk (SPLK) at Neutral

June 2, 2014 6:47 AM EDT

Janney Montgomery Scott initiated coverage on Splunk (NASDAQ: SPLK) with a Neutral rating and a price target of $46.00.

For an analyst ratings summary and ratings history on Splunk click here. For more ratings news on Splunk click here.

Shares of Splunk closed at $41.86 yesterday.

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Splunk (SPLK) Q1 Described as 'Fine But Not Great' by Deutsche Bank

May 30, 2014 10:51 AM EDT

Deutsche Bank maintained a Buy rating on Splunk (NASDAQ: SPLK) with a price target of $65. Analyst Karl Keirstead described Q1 as "fine but not great."

"In our view many investors were hoping for bigger upside on a few key metrics. First, license... More

Goldman Sachs Reviews Splunk's (SPLK) Q1 Results

May 30, 2014 7:21 AM EDT

Goldman Sachs maintained a Neutral rating on Splunk (NASDAQ: SPLK) and lowered its price target to $50.00 (from $55.00). Analyst Heather Bellini noted Q1 was a solid quarter but she thinks risks/reward in the stock is balanced.

"Deferred revenue increased 1% qoq (+65% yoy) to $194mn, which compared to consensus of $193mn. As such, billings, the key area of investor focus, posted upside almost entirely due to... More