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Fly News Breaks for March 2, 2018
SPLK
Mar 2, 2018 | 08:13 EDT
Maxim analyst Nehal Chokshi raised his price target on Splunk to $116 and kept his Buy rating following Q4 earnings. The analyst points to the company's 44% billings growth and 430bp productivity improvement to its best ever levels, adding that normalized sales productivity is trending better than the prior long term estimates.
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