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Commvault price target raised to $110 from $105 at Scotiabank

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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