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Raymond James praises Splunk's new pricing

Sep. 18, 2019 4:55 PM ETSplunk Inc. (SPLK) StockBy: Brandy Betz, SA News Editor12 Comments
  • Earlier today, Splunk (NASDAQ:SPLK) announced new Data-to-Everything pricing programs, including predictive pricing, infrastructure-based pricing, and Splunk Enterprise Rapid Adoption packages, which start at a $10,000 MSRP for three to five use cases.
  • Raymond James analyst Michael Turits sees the new pricing as positive with the potential to drive more data into the ecosystem from existing customers, increase new customer adoption, and soften competitive pressure.
  • Splunk shares are up 2% after hours to $119.30.

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