Morgan Stanley Keeps Their Hold Rating on Splunk Inc (SPLK)


Morgan Stanley analyst Melissa Franchi maintained a Hold rating on Splunk Inc (SPLK) today and set a price target of $140. The company’s shares closed yesterday at $128.58.

According to TipRanks.com, Franchi is a 3-star analyst with an average return of 3.5% and a 66.7% success rate. Franchi covers the Technology sector, focusing on stocks such as Forescout Technologies Inc, Tenable Holdings Inc, and CyberArk Software.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Splunk Inc with a $155.79 average price target.

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The company has a one-year high of $143.70 and a one-year low of $83.69. Currently, Splunk Inc has an average volume of 1.85M.

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Splunk, Inc. engages in the development and provision of software solutions. Its software solutions include cloud services, enterprise security, application delivery, big data, business analytics, and information technology operations and log management.