RBC Capital Maintains Outperform on Splunk, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an Outperform rating on Splunk (NASDAQ:SPLK) and raises the price target from $125 to $132.
August 24, 2023 | 4:40 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Splunk and raises the price target from $125 to $132, indicating a positive outlook for the company.
The raised price target by RBC Capital indicates their confidence in Splunk's performance. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100