BMO Capital Maintains Outperform on Splunk, Raises Price Target to $127
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Keith Bachman maintains an 'Outperform' rating on Splunk (NASDAQ:SPLK) and raises the price target from $117 to $127.
August 24, 2023 | 12:23 pm
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POSITIVE IMPACT
BMO Capital maintains an 'Outperform' rating on Splunk and raises the price target from $117 to $127. This could potentially lead to an increase in the stock's price.
The raised price target by BMO Capital indicates a positive outlook for Splunk. This could lead to increased investor confidence and potentially an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100