Mizuho Maintains Neutral on Splunk, Raises Price Target to $115
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz maintains a Neutral rating on Splunk (NASDAQ:SPLK) and raises the price target from $110 to $115.
May 25, 2023 | 11:30 am
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NEUTRAL IMPACT
Mizuho analyst raises Splunk's price target from $110 to $115 while maintaining a Neutral rating.
The news of Mizuho raising the price target for Splunk from $110 to $115 while maintaining a Neutral rating is directly related to the company. However, since the rating remains Neutral, the short-term impact on the stock price is expected to be limited. The importance is moderate as it reflects the analyst's updated valuation of the company, and the confidence in the analysis is high as it is based on the information provided in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100