Barclays Maintains Overweight on Splunk, Raises Price Target to $134
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Raimo Lenschow maintains an Overweight rating on Splunk (NASDAQ:SPLK) and raises the price target from $130 to $134.
August 24, 2023 | 11:21 am
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POSITIVE IMPACT
Barclays maintains an Overweight rating on Splunk and raises the price target from $130 to $134, which could positively impact the stock's price.
The raised price target by Barclays indicates a positive outlook for Splunk. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100