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Splunk, Inc. on Breakout watchlist

NASDAQ:SPLK   None
Merrill Lynch reiterated a Buy rating on Splunk (SPLK), with a price target of $225.00. The company’s shares closed last Monday at $155.40.
Company profile
Splunk, Inc. engages in the development and marketing of software solutions. Its products include Splunk cloud, Splunk light, and Splunk enterprise. It also offers solutions for information technology operations, security, internet-of-things, application analytics, business analytics, and industries. The company was founded by Erik M. Swan, Michael J. Baum and Robin K. Das in October 2003 and is headquartered in San Francisco, CA.

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