Deutsche Bank Maintains Hold on Splunk, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Brad Zelnick maintains a Hold rating on Splunk (NASDAQ:SPLK) and raises the price target from $95 to $110.
May 25, 2023 | 1:30 pm
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Deutsche Bank maintains a Hold rating on Splunk and raises the price target from $95 to $110.
Deutsche Bank's decision to maintain a Hold rating on Splunk indicates a neutral outlook for the stock. However, the raised price target from $95 to $110 suggests that the analyst sees potential upside in the stock price. This news may not have a significant short-term impact on the stock price, but it could influence investor sentiment.
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IMPORTANCE 80
RELEVANCE 100