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Stock Market & Financial Investment News

News Breaks
May 30, 2014
07:10 EDTSPLKSplunk reported strong Q1 results, says Cantor
After Splunk reported higher than expected Q1 revenue, Cantor thinks the tone of the company's earnings conference call was upbeat. The firm expects sentiment towards the stock to rebound, and it predicts that the shares will climb. Cantor reiterates a $99 price target and Buy rating on the shares.
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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