Splunk Inc (NASDAQ:SPLK) has been downgraded to Neutral in a statement by Guggenheim earlier today.
- Updated: October 3, 2016
Having a price of $60.56, Splunk Inc (NASDAQ:SPLK) traded -1.14% lower on the day. With the last stock price up 8.33% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. SPLK has recorded a 50-day average of $60.46 and a two hundred day average of $55.83. Trading volume was down over the average, with 223,531 shares of SPLK changing hands under the typical 1,538,620
Guggenheim has downgraded Splunk Inc (NASDAQ:SPLK) to Neutral in a statement released on 10/04/2016.
On 9/28/2016, Vetr Inc. released a statement about Splunk Inc (NASDAQ:SPLK) upped the target price from $0.00 to $66.00 that suggested an upside of 0.12%.
With a total market value of $0, Splunk Inc has with a one year low of $29.85 and a one year high of $66.90 .
A total of 35 equity analysts have released a ratings update on SPLK. Thirteen equity analysts rating the company a strong buy, nineteen equity analysts rating the company a buy, seven equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $62.37.
Brief Synopsis About Splunk Inc (NASDAQ:SPLK)
Splunk Inc. is a provider of software solutions. The Company's offerings enable users to collect, index, search, explore, monitor and analyze data. It operates through the development and marketing of software solutions segment, which enables its customers to gain real-time operational intelligence by harnessing the value of their data. The Company's offerings address diverse data sets that are referred to as big data and are specifically used for machine-generated data. Machine data is produced by various software application and electronic device in an organization and contains a definitive, time-stamped record of various activities, such as transactions, customer and user activities and security threats. The Company's products help users in various roles, including information technology (IT), security and business professionals, to analyze their machine data and achieve real-time visibility into and intelligence about their organization's operations.
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