Seeking Alpha

Splunk (SPLK +17.3%), is taking off thanks to a strong FQ2 beat and decent guidance. During...

Splunk (SPLK +17.3%), is taking off thanks to a strong FQ2 beat and decent guidance. During Splunk's earnings call, execs talked up the evolution of the company's machine data software into a platform for 3rd-party apps in areas such as security, data integration, and app monitoring. But Drexel Hamilton and UBS are reiterating neutral stances, and CLSA a bearish one, due to Splunk's lofty multiples.
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