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Is Splunk A Good Investment After Cisco Deal Announcement? 7 Analysts Weigh In

Benzinga

Shares of Splunk Inc (NASDAQ: SPLK ) rose in early trading on Thursday, after Cisco Systems Inc (NASDAQ: CSCO ) announced its intention to acquire the company for $157 per share. KeyBanc Capital Markets On Splunk Analyst Michael Turits downgraded the rating from Overweight to Sector Weight.

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80% Of The Acquisitions Fail, Is Cisco's Acquisition Of Splunk A Leap Forward Or A Misstep?

Benzinga

Cisco Systems Inc’s (NASDAQ: CSCO ) acquisition strategy has historically been characterized by a series of calculated, measured investments. However, its recent acquisition of Splunk Inc (NASDAQ: SPLK ) sends a clear message: Cisco is ready to play big. Who Is Splunk? Full story available on Benzinga.com

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News Corp and Fox Corp's Possible Consolidation, Faster Lead Times For iPhone 14 Models, Kanye West Buys Conservative Social Media Platform, Twitter Prepares Tackling Spread Of Misinformation: Top Stories Monday, Oct. 17

Benzinga

Rupert Murdoch weighed merging his media empire, News Corp (NASDAQ: NWSA ) and Fox Corp (NASDAQ: FOX ), nearly a decade after the companies split. People familiar with Murdoch's proposal said the combined company would have more balance sheet strength to pursue acquisitions. Starboard's stake is just under 5%. However, the U.S.

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