Splunk Inc (SPLK) Gets a Buy Rating from Northland Securities


In a report released today, Tim Klasell from Northland Securities maintained a Buy rating on Splunk Inc (SPLK), with a price target of $160. The company’s shares closed yesterday at $128.73.

According to TipRanks.com, Klasell is a 5-star analyst with an average return of 18.3% and a 69.8% success rate. Klasell covers the Technology sector, focusing on stocks such as ServiceSource International Inc, Tyler Technologies, and Zix Corporation.

Currently, the analyst consensus on Splunk Inc is a Strong Buy with an average price target of $155.62, implying a 20.9% upside from current levels. In a report issued on May 13, Monness also maintained a Buy rating on the stock with a $200 price target.

See today’s analyst top recommended stocks >>

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 1.64M.

Based on the recent corporate insider activity of 86 insiders, corporate insider sentiment is negative on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Splunk, Inc. engages in the development and marketing of software solutions. Its products include Splunk cloud, Splunk light, and Splunk enterprise. It also offers solutions for information technology operations, security, internet-of-things, application analytics, business analytics, and industries.

Read More on SPLK:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts