Splunk (SPLK +4.6%) jumps after Credit Suisse starts coverage with an Outperform and $40 PT. The...

|About: Splunk Inc. (SPLK)|By:, SA News Editor

Splunk (SPLK +4.6%) jumps after Credit Suisse starts coverage with an Outperform and $40 PT. The machine data software leader has tread water in recent months, following a stellar April IPO that left it with a sky-high valuation. Several other high-beta enterprise tech names are also up strongly today.