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Stock Market & Financial Investment News

News Breaks
February 26, 2014
06:50 EDTSPLKSplunk price target raised to $105 from $95 at Deutsche Bank
Deutsche Bank raised its price target for Splunk shares to $105 after the company announced that it doubled the license capacity for entry-level customers. Deutsche says feedback at this week's RSA security event has been net positive for Splunk and it keeps a Buy rating on the stock.
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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