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Fly News Breaks for May 20, 2015
SPLK
May 20, 2015 | 08:16 EDT
Oppenheimer predicts that Splunk will report higher than expected Q1 revenue and strong overall results. The firm believes that the company saw strong demand last quarter, given positive industry checks, indications that its security business continued to grow, and its growing use cases with core and new customers. The firm keeps a $77 price target and Outperform rating on the shares.
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