Splunk’s User Conference Highlights Advancements in AI and Strategic Collaboration with Microsoft, Still Analysts Remain Cautious

Needham analyst Mike Cikos reiterated Splunk Inc (NASDAQ:SPLK) with a Buy and a $125 price target.

Following the analyst’s attendance at Splunk’s conference event in Las Vegas, he believed the company’s annual user event demonstrated a total change of pace versus last year.