Cantor Fitzgerald lowered the firm’s price target on Commvault (CVLT) to $100 from $144 and keeps a Neutral rating on the shares. Cantor continues to view Commvault as well-positioned to benefit from data-related secular drivers, including cyber and AI, but awaits consistent beat/raise opportunities before becoming more constructive on shares, the analyst tells investors in a research note.
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Read More on CVLT:
- Commvault price target lowered to $100 from $144 at Cantor Fitzgerald
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