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.

July 03, 2023 | 12:34 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 its rating by Morgan Stanley. The Equal-Weight rating suggests that the analyst believes the stock is fairly valued at its current price, which could mean that the stock price may not change significantly in the short term. The maintained price target also indicates that the analyst's valuation of the company has not changed.
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