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Stock Market & Financial Investment News

News Breaks
December 3, 2012
10:56 EDTSPLKSplunk falls back through its 10-day moving average, levels to watch
The shares are down over 5.5% at time of writing, falling through support at its 10-day moving average. This is a reversal of Friday's spike higher. At the current price of $28.55, next support is at $28.10, today's low as well as Friday's low. Resistance is at the 10-day, last at $28.97.
News For SPLK From The Last 14 Days
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August 21, 2014
06:23 EDTSPLKSplunk price target lowered to $55 from $65 at Deutsche Bank
Deutsche Bank lowered its price target for Splunk (SPLK) shares to $55 from $65 ahead of the company's Q2 results on August 28 and says it prefers Tableau (DATA) on a relative basis. Deutsche, however, keeps a Buy rating on Splunk, noting that its recent user checks didn't pick up anything incrementally negative. The firm believes the Street is cautious on the stock into the results.

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