Wells Fargo Maintains Overweight on Splunk, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Andrew Nowinski maintains an Overweight rating on Splunk (NASDAQ:SPLK) and raises the price target from $115 to $125.
May 25, 2023 | 11:02 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo maintains an Overweight rating on Splunk and raises the price target from $115 to $125.
Wells Fargo's maintained Overweight rating and increased price target for Splunk indicate a positive outlook for the company's stock. This news is likely to have a positive short-term impact on Splunk's stock price as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100