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Fly News Breaks for May 25, 2018
SPLK
May 25, 2018 | 05:08 EDT
Jefferies analyst John DiFucci raised his price target for Splunk to $136 saying the company "easily exceeded" Q1 expectations. The results were driven by strong security and international performance, as well as encouraging early traction in newer products, DiFucci tells investors in a post-earnings research note. He continues to view Splunk as a "unique asset that represents the best way to play Big Data" and keeps a Buy rating on the shares.
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