Seeking Alpha

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

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.
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