Courtesy of Benzinga.
Shares of Splunk Inc (NASDAQ: SPLK) have lost 2.7 percent since last Thursday. The Vetr crowd seems to believe this has unlocked some room for further upside, as evidenced by its average price target of $66.00, which implies a potential return of almost 14 percent from current valuations.
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Seeking to better reflect the larger upside potential, the Vetr crowd has upgraded its rating on shares of Splunk on Monday, from 4.0 Stars (Buy) to 4.5 Stars (Strong Buy) – out of a possible 5 Stars rating.
It should be noted that, in accordance with the new score, 71 percent of the crowd’s ratings are bullish at the time.
Latest Ratings for SPLK
Date | Firm | Action | From | To |
---|---|---|---|---|
Sep 2016 | Mizuho Securities | Initiates Coverage on | Neutral | |
Sep 2016 | Summit Redstone Partners | Initiates Coverage on | Buy | |
Aug 2016 | Canaccord Genuity | Maintains | Buy |
View More Analyst Ratings for SPLK
View the Latest Analyst Ratings
Posted-In: VetrUpgrades Price Target Crowdsourcing Analyst Ratings General