Oppenheimer Reiterates Bullish Stance on Splunk (SPLK) Amid Strong Q2
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Splunk (SPLK) Debate Continues, Says Goldman Sachs; Analyst Maintains Neutral Rating
August 29, 2014 8:42 AM EDTGoldman 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
Splunk (SPLK) License Strength Was Actually 2x Higher, BofA/Merrill Lynch Says
August 29, 2014 8:02 AM EDTBofA/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
Splunk (SPLK) Buy Rating Reiterated at Cantor Fitzgerald
August 29, 2014 7:47 AM EDTCantor 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
Splunk (SPLK) Estimates Raised, PT Trimmed after FBR After 'Solid' Q2
August 29, 2014 7:16 AM EDTFBR 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
Splunk (SPLK) Tops Q2 EPS by 3c; Boosts FY14 Revs Outlook
August 28, 2014 4:05 PM EDTSplunk (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
