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Stock Market & Financial Investment News

News Breaks
May 29, 2014
16:06 EDTSPLKSplunk reports Q1 adjusted EPS (4c), consensus (6c)
Reports Q1 revenue $85.9M, consensus $80.74M. Reports license revenues were up 42% year-over-year to $51.3M. Reports Q1 non-GAAP operating margin negative 4.2%. Reports signing more than 400 new customers, ending the quarter with more than 7,400 customers worldwide.
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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