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Splunk (SPLK) stock slumped 3.5% in afternoon trading in the stock market todayhttp://www.investors.com/stock-market-today/, though FBR Capital Markets raised its price target on the Big Data software provider. FBR maintained an outperform, or buy, rating, while hiking its price target on Splunk stock to $100 from $80. Splunk stock was trading near 74 Monday afternoon. In a research note Monday, FBR said it sees signs of upbeat product cycle at Scalper1 News
Scalper1 News