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Fly News Breaks for May 25, 2018
SPLK
May 25, 2018 | 06:11 EDT
Mizuho analyst Abhey Lamba remains a buyer of Splunk shares on weakness after the company's billings metric came in "somewhat light" in Q1. Demand trends appear to be intact with strong growth in large deals, Lamba tells investors in a post-earnings research note. The analyst maintains a Buy rating on Splunk with a $120 price target.
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