Evercore ISI analyst Kirk Materne maintained a Hold rating on Splunk Inc (NASDAQ: SPLK) on July 10 and set a price target of $110. The company’s shares closed yesterday at $105.85.
According to TipRanks.com, Materne is a 5-star analyst with an average return of 28.0% and a 81.8% success rate. Materne covers the Technology sector, focusing on stocks such as Salesforce.com, Oracle Corp, and Workday Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Splunk Inc with a $125.22 average price target.
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The company has a one-year high of $121.64 and a one-year low of $56.80. Currently, Splunk Inc has an average volume of 1.81M.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock.
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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.
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