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Stock Market & Financial Investment News

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May 30, 2014
07:36 EDTSPLKSplunk price target lowered to $70 from $115 at Canaccord
Canaccord lowered its price target on Splunk to $70 from $115, despite calling the company's Q1 results "excellent." The firm believes the stock is expensive, but it expects Splunk's growth to continue and thinks the company's guidance is conservative. Canaccord maintains its Buy rating on the shares.
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