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Fly News Breaks for May 26, 2017
SPLK
May 26, 2017 | 07:58 EDT
Baird analyst Rob Oliver said Splunk delivered solid Q1 results despite choppy execution in Europe. Anything in Europe is largely self-inflicted and correctable, he tells investors. Decelerating growth rates, which were pointed to as a concern of investors, stemmed from changes in sales coverage and territories, added Oliver, who reiterated his Outperform rating and $71 price target on Splunk shares.
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