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read_this_n0w

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read_this_n0w

Re: None

Friday, 02/27/2015 6:42:06 AM

Friday, February 27, 2015 6:42:06 AM

Post# of 97237
SPLK Splunk Q4 results even better than they appear, says Jefferies
Jefferies says Splunk's better than expected Q4 results are even better than they appear since a greater portion of license bookings were ratable versus recognized upfront. The firm notes Splunk's product billings accelerated to 53%, representing the strongest growth for the year against the most difficult comp. It raised its price target for the stock to $90 from $89 and keeps a Buy rating on the name

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