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Fly News Breaks for May 27, 2016
SPLK
May 27, 2016 | 07:38 EDT
UBS said Splunk got the year off to a good start and said fundamentals remain intact, making yesterday's after-hours selloff a buying opportunity. The firm sees Splunk with an increasing strategic presence, intact fundamentals, and conservative guidance. UBS reiterated its Buy rating and $68 price target on the shares.
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