Needham Maintains Buy on Splunk, Raises Price Target to $125
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Mike Cikos maintains a Buy rating on Splunk (NASDAQ:SPLK) and raises the price target from $120 to $125.
May 25, 2023 | 10:31 am
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Needham analyst Mike Cikos maintains a Buy rating on Splunk and raises the price target from $120 to $125.
The news of Needham analyst Mike Cikos maintaining a Buy rating on Splunk and raising the price target from $120 to $125 indicates a positive outlook for the company's stock. This could lead to an increase in investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100