Splunk Earns Ratings Upgrade With Distribution Deal

By | April 7, 2015

Scalper1 News

Splunk (SPLK) earned a major ratings upgrade from one investment bank based on a combination of factors including its current valuation and a recent agreement with an electronics partner. Splunk, a maker of machine-to-machine data analytics software, is one of the fastest growing companies in the technology landscape, with year-over-year quarterly revenue growth of around 50% over its last nine quarters. Splunk stock rose 5.8% to 63.65 in Scalper1 News

Scalper1 News