BMO Capital Maintains Outperform on Splunk, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Keith Bachman maintains an Outperform rating on Splunk (NASDAQ:SPLK) and raises the price target from $113 to $117.
May 25, 2023 | 1:50 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
BMO Capital maintains an Outperform rating on Splunk and raises the price target from $113 to $117.
The raised price target by BMO Capital indicates a positive outlook for Splunk's stock price in the short term. The Outperform rating suggests that the analyst believes the stock will outperform the market, which could lead to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100