Canaccord Genuity Maintains Buy on Splunk, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity analyst Kingsley Crane maintains a 'Buy' rating on Splunk (NASDAQ:SPLK) and raises the price target from $125 to $130.
August 24, 2023 | 4:59 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Buy' rating on Splunk and raises the price target from $125 to $130, which could positively impact the stock's price.
The raised price target by Canaccord Genuity 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