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Fly News Breaks for November 28, 2016
SPLK
Nov 28, 2016 | 08:19 EDT
JMP Securities analyst Greg McDowell reports that Splunk made "a multiyear federal deal with the State Department" worth a total of $25M. The analyst says that the contract could be "the largest federal deal in Splunk's history." He keeps a $70 price target and an Outperform rating on the shares.
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