Will This Price Target Increase Affect Splunk (splk) Stock Today?

NEW YORK (TheStreet) --aaSplunka was up 6.45% to $48.21 in pre-market trading Friday after Barclaysaincreased its price target on the stockato $52, increased its estimates and set an "equal weight" rating. The firm said the company is seeing higher licensing revenue. Must Read: 50 Stocks Hedge Funds Love STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months.

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