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Fly News Breaks for May 27, 2016
SPLK
May 27, 2016 | 09:10 EDT
Morgan Stanley analyst Steve Weiss said Splunk reported another quarter of 40% topline growth and has compelling catalysts ahead that include new products and a broadening distribution. Weiss views valuation as compelling and raised Splunk's price target to $58 and reiterates its Overweight rating.
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