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Splunk (SPLK) stock hit a new high after it got a price target hike Thursday, based on the company’s growing line of products and services in the Big Data analytics field. Analyst Brian White at Cantor Fitzgerald raised his price target on Splunk to 90 from 77. “We believe 2014 could be a breakout year for Splunk given the company’s move from a single product company to a multi-product company, larger deal sizes, new opportunities in Scalper1 News
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