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Fly News Breaks for November 20, 2015
SPLK
Nov 20, 2015 | 06:06 EDT
Jefferies analysts John DiFucci and Brad Zelnick say Splunk's Q3 results reflect continued strong fundamentals but that the CEO transition is "a less-than-smooth" and leaves a void at the head sales position. They lower their price target for shares to $83 and keep a Buy rating on Splunk in a post-earnings research note.
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