Truist Securities Reiterates Buy on Splunk, Maintains $130 Price Target
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Joel Fishbein has reiterated a 'Buy' rating on Splunk (NASDAQ:SPLK) and maintained a price target of $130.
July 14, 2023 | 2:40 pm
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Splunk's stock rating has been reiterated as 'Buy' by Truist Securities with a maintained price target of $130.
The reiteration of a 'Buy' rating by a reputable analyst like Joel Fishbein from Truist Securities is a positive signal for Splunk. The maintained price target of $130 also indicates confidence in the company's performance, which could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100