Splunk Cloud Revenue Driving Machine Learning Earnings

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  • 22 May '20 at 12:24 am #23771
    Super Harley
    Participant

    Machine data data analytics specialist Splunk reported mixed…

    [article]2074[/article]

    22 May '20 at 8:06 pm #23774
    ThePitBoss
    Participant

    Splunk Inc. (NASDAQ: SPLK) Upgrades

    Stifel. reiterated as Buy and price target raised to $190 from $160
    Needham reiterated as Buy and raised price target to $192 from $168.

    22 May '20 at 11:08 pm #23777
    ThePitBoss
    Participant

    Splunk $SPLK Now Up +20.10 @ $183.55 (+12.30%) up over $30 from Earnings Swoon on Cloud Segment Update

    10 Jul '20 at 8:04 pm #24121
    Truman
    Participant

    [size=5][b]Splunk Inc. (NASDAQ: SPLK) resumed in coverage with a Buy rating and $243 price target at BTIG.
    [/b][/size]

    Seeing sustainable long-term revenue growth in the mid-20% range,

    Analyst Gray Powell sees Splunk as “well-positioned to make inroads in tangential markets such as infrastructure and application performance monitoring.”

    Powell notes that Splunk stands to benefit from the rise in businesses pursuing digital transformations.

    The cybersecurity analytics company has a Bullish average Wall St. Analysts rating.

    Market Summary > Splunk Inc
    NASDAQ: SPLK
    210.90 USD +6.05 (2.95%)

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