Splunk price target raised to $107 from $95 at Pacific Crest
SPLK Splunk price target raised to $105 from $85 at Credit Suisse
SPLK Splunk price target raised to $115 from $100 at Cantor
SPLK Splunk price target raised to $115 from $72 at JPMorgan
SPLK Splunk price target raised to $120 from $100 at FBR Capital
Imagine you bought on that shameless call on Wednesday and still own it
Truly a crying shame.
The poster with the multiple alias that always makes hundreds of thousnads of dollars on every trade ? Ignore him. He's a paid pumper and probably gets a quarter for every post.
Here's a company that missed estimates a couple of weeks ago and guided lower for the entire year - LOSS of 2.20 vs consensus of (1.35). The stock dropped to the 66 range and is now up nearly 50% since. The company files to sell 14 million shares with insiders unloading over 8 million share. There were a few incredulous price target upgrades but yesterday's take the cake. One day someone has to explain to me how you do a "channel check" on this company.
What has changed fundamentally ?
A re-print from my earlier post......
What's so comical is that it has only been a couple of weeks since the COMPANY issued DOWNWARD guidance. Has business improved so dramatically in this time-frame to warrant a several price upgrades and a nearly 50% jump in the stock price ?
Talk about rosy glasses. Truly shameless