Credit Agricole Initiates Coverage on NASDAQ:SPLK (SPLK)

By admin | 6 years ago

Equities research analysts at Credit Agricole initiated coverage on shares of NASDAQ:SPLK (NASDAQ: SPLK) in a research note issued to investors on Monday. The firm set an “underperform” rating on the stock.

A number of other analysts have also recently weighed in on SPLK. Analysts at Bank of America (NYSE: BAC) initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday. They set a “buy” rating and a $39.00 price target on the stock. Separately, analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday. They set an “equal weight” rating on the stock. Finally, analysts at JPMorgan Chase (NYSE: JPM) initiated coverage on shares of NASDAQ:SPLK in a research note to investors on Monday. They set an “overweight” rating on the stock.

NASDAQ:SPLK traded up 1.23% on Monday, hitting $31.40. NASDAQ:SPLK has a 52-week low of $29.47 and a 52-week high of $37.34. The company’s market cap is $2.905 billion.

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.

About the author