Rosenblatt Securities Reaffirms Their Buy Rating on Splunk (SPLK)

Rosenblatt Securities analyst Blair Abernethy maintained a Buy rating on Splunk (SPLKResearch Report) today. The company’s shares opened today at $90.85.

Abernethy covers the Technology sector, focusing on stocks such as Ansys, Autodesk, and PTC. According to TipRanks, Abernethy has an average return of -4.3% and a 42.20% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Splunk with a $110.45 average price target.

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SPLK market cap is currently $14.83B and has a P/E ratio of -21.15.

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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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