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Fly News Breaks for November 18, 2015
SPLK
Nov 18, 2015 | 07:23 EDT
Stephens analyst Jonathan Ruykhaver said the firm's checks lead him to expect Splunk to outperform the "conservative" consensus expectations for its Q3 results. The analyst, who also thinks Splunk is well positioned to outperform consensus estimates through FY16, keeps an Overweight rating and $80 price target on the shares.
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