Barclays Capital Reaffirms Overweight Rating on NASDAQ:SPLK (SPLK)

By admin | 6 years ago

NASDAQ:SPLK (NASDAQ: SPLK)‘s stock had its “overweight” rating reaffirmed by research analysts at Barclays Capital (NYSE: BCS) in a report released on Tuesday.

NASDAQ:SPLK traded down 6.80% on Tuesday, hitting $33.90. NASDAQ:SPLK has a 52-week low of $28.49 and a 52-week high of $37.57. The company’s market cap is $3.137 billion.

Several other analysts have also recently commented on the stock. Analysts at Pacific Crest initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday, May 14th. They set an “outperform” rating on the stock. Separately, analysts at Credit Agricole initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday, May 14th. They set an “underperform” rating on the stock. Finally, analysts at Bank of America (NYSE: BAC) initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday, May 14th. They set a “buy” rating and a $39.00 price target on the stock.

Splunk Inc. (Splunk) provides a software platform. Splunk’s software collects and indexes data regardless of format or source, and enables users to search, correlate, analyze, monitor and report on this data, all in real time.

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