Morgan Stanley Revises Its Outlook On Big Data Stocks

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Morgan Stanley published notes describing the firms outlook on a number of companies in the IT Services/Big Data space.
  • Splunk, Inc. SPLK: Overweight, $66 price target Shares of Splunk are trading up almost 6 percent following the earlier upgrade.
  • Tableau Software Inc DATA: Overweight, $84 Tableau shares were up over 7 percent amid an upgrade from Morgan Stanley.
  • Qlik Technologies Inc QLIK: Equal-weight, $29 Shares of Qlik Technologies fell almost 3 percent following a downgrade.
  • Fortinet Inc FTNT: Equal-weight, $29 Amid the downgrade from Morgan Stanley, shares have slipped about 1.5 percent.
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Posted In: Analyst ColorNewsUpgradesDowngradesPrice TargetTop StoriesAnalyst RatingsMoversMorgan Stanley
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