Morgan Stanley Reiterates Equal-Weight on Splunk, Maintains $110 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has reiterated an Equal-Weight rating on Splunk (NASDAQ:SPLK) and maintained a price target of $110.
June 30, 2023 | 1:09 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Splunk and maintained a price target of $110.
The news is directly about Splunk and comes from a reputable source, Morgan Stanley. The Equal-Weight rating suggests that the stock is expected to perform in line with the market or sector average. The maintained price target indicates that the analyst's view on the company has not changed. This could have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100