Oppenheimer Reiterates Bullish Stance on Splunk (SPLK) Amid Strong Q2
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Go back to Oppenheimer Reiterates Bullish Stance on Splunk (SPLK) Amid Strong Q2
August 29, 2014 8:42 AM EDT
Goldman Sachs maintained a Neutral rating on Splunk (NASDAQ: SPLK) with a price target of $50. Analyst Heather Bellini commented on Q2 results, say the "debate between the bulls and bears will continue."
"On the bullish side, deals over $100k are tracking at a very healthy rate (226 vs. 198 average... More
August 29, 2014 8:02 AM EDT
BofA/Merrill Lynch analyst Kash Rangan reiterated a Buy rating and $82 price target on Splunk (NASDAQ: SPLK) following strong Q2 results and increased guidance.
Rangan said the license strength was actually 2x the headline number. "While the headline number for license revenue... More
August 29, 2014 7:47 AM EDT
Cantor Fitzgerald reiterated a Buy rating on Splunk (NASDAQ: SPLK) with a price target of $83. Yesterday Splunk reported Q2 results that beat estimates.
Analyst Brian J. White said, "Last night, Splunk reported very strong 2Q:FY15 results, with revenue... More
August 29, 2014 7:16 AM EDT
FBR Capital analyst Daniel H. Ives reiterated his Outperform rating Splunk (NASDAQ: SPLK) following "solid" Q2 results and higher guidance after the close but cut his price target to $67.00 (from $80.00) on multiple compression.
"... we believe the Splunk story is in the early days of playing out and will continue to benefit from its ongoing sales force expansion... More
August 28, 2014 4:05 PM EDT
Splunk (NASDAQ: SPLK) reported Q2 EPS of $0.01, $0.03 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $101.5 million versus the consensus estimate of $93.93 million.
We are pleased to deliver another strong quarter and thank our customers and partners for their continued... More
