Stifel Maintains Hold on Splunk, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brad Reback maintains a 'Hold' rating on Splunk (NASDAQ:SPLK) and raises the price target from $105 to $120.
August 24, 2023 | 3:43 pm
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POSITIVE IMPACT
Stifel analyst Brad Reback maintains a 'Hold' rating on Splunk and raises the price target from $105 to $120. This could potentially lead to a positive sentiment among investors.
The raised price target by Stifel indicates a positive outlook for Splunk. This could potentially lead to a positive sentiment among investors, which may drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100