In a report issued on April 11, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on Splunk (SPLK – Research Report), with a price target of $130.00. The company’s shares closed last Thursday at $137.77.
According to TipRanks.com, Moskowitz is a top 100 analyst with an average return of 22.4% and a 67.5% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.
Currently, the analyst consensus on Splunk is a Moderate Buy with an average price target of $157.71.
Splunk’s market cap is currently $22.14B and has a P/E ratio of -16.69.
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Splunk Inc.engages in developing and marketing software solutions that enable enterprises to gain real-time operational intelligence by harnessing the value of their data. Its offerings enable users to monitor, investigate, analyze and act on data, irrespective of format or source, thereby helping them in operational decision making.
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