In a report released yesterday, Shrenik Kothari from Robert W. Baird maintained a Buy rating on Splunk (SPLK – Research Report). The company’s shares closed yesterday at $92.32.
Kothari covers the Technology sector, focusing on stocks such as Okta, Fortinet, and Splunk. According to TipRanks, Kothari has an average return of 3.3% and a 44.00% success rate on recommended stocks.
In addition to Robert W. Baird, Splunk also received a Buy from Rosenblatt Securities’s Blair Abernethy in a report issued on January 23. However, on January 17, Guggenheim downgraded Splunk (NASDAQ: SPLK) to a Hold.
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The company has a one-year high of $150.79 and a one-year low of $65.00. Currently, Splunk has an average volume of 2.11M.
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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.
Read More on SPLK:
- Splunk announces Brian Roberts as CFO
- Splunk call volume above normal and directionally bullish
- Cantor Fitzgerald software analysts to hold an analyst/industry conference call
- Splunk downgraded to Neutral from Buy at Guggenheim
- Goldman Sachs Sees Over 70% Gains in These 2 Stocks — Here’s Why They Could Jump
