Splunk in-line guidance will disappoint investors, says FBR Capital FBR Capital believes Splunk's essentially in-line outlook will disappoint investors expecting a more significant beat and raise quarter. FBR says Splunk grew its top line 50% year-over-year in Q1 and continues to be in the "first inning" of a $30 billion-plus total addressable market over the coming years. It lowered its price target for shares to $80 from $120 maintains an Outperform rating on the stock.
News For SPLK From The Last 14 Days
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