Scotiabank analyst Joe Vandrick raised the firm’s price target on Commvault (CVLT) to $110 from $105 and keeps a Sector Perform rating on the shares. The firm will remain on the sidelines until it sees more evidence of the company winning new logos and customers going “all in” on the platform, the analyst tells investors.
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Read More on CVLT:
- Commvault price target raised to $110 from $100 at RBC Capital
- Commvault price target lowered to $133 from $146 at Piper Sandler
- Commvault price target raised to $125 from $108 at KeyBanc
- Commvault Systems Earnings Call Signals SaaS-Led Momentum
- Commvault Maintained at Hold as Strong Q4 Performance Offsets Cautious Outlook and Slower Growth Guidance
