Needham Reiterates Buy on Splunk, Maintains $125 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst Mike Cikos has reiterated a 'Buy' rating on Splunk (NASDAQ:SPLK) and maintained a price target of $125.
July 10, 2023 | 10:17 am
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Splunk's stock rating has been reiterated as 'Buy' by Needham analyst Mike Cikos, with a maintained price target of $125.
The reiteration of a 'Buy' rating by a reputable analyst like Mike Cikos is a positive signal for Splunk. The maintained price target of $125 indicates that the analyst believes the stock has potential for growth, which could positively impact the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100