New Splunk App for AWS Announced at AWS re:Invent 2015

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UBS Reiterates Buy on Splunk (SPLK) Following Weakness in Shares

October 6, 2015 10:06 AM EDT

UBS reiterated a Buy rating and $76.00 price target on Splunk (NASDAQ: SPLK) following weakness in shares. The weakness can be ascribed to Amazon's launch of its own Elasticsearch Service (ES).

Analyst Brent Thill commented, "Weakness in SPLK shares today can be ascribed to... More