Commvault Systems (CVLT) has disclosed a new risk, in the Cyber Security category.
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Commvault Systems faces a significant business risk if its data security solutions are not correctly implemented or utilized. Given the complexity of customer IT infrastructures, the technical challenges inherent in deploying Commvault products can lead to improper use, hindering their effectiveness. Past difficulties in implementation among users may taint the company’s reputation if similar issues persist, potentially leading to customer dissatisfaction, adverse publicity, and a reluctance to renew or expand product usage, thereby jeopardizing Commvault’s financial health and operational outcomes.
Overall, Wall Street has a Moderate Buy consensus rating on CVLT stock based on 3 Buys and 2 Holds.
To learn more about Commvault Systems’ risk factors, click here.