KeyBanc raised the firm’s price target on Commvault (CVLT) to $125 from $108 and keeps an Overweight rating on the shares following solid Q4 beat and in-line FY27 guide. The firm remains positive on B&R tailwinds, Commvault’s strong positioning, and views the strong NNARR acceleration and improved messaging as a solid catalyst to lift investor sentiment.
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Read More on CVLT:
- Commvault Systems Earnings Call Signals SaaS-Led Momentum
- Commvault Maintained at Hold as Strong Q4 Performance Offsets Cautious Outlook and Slower Growth Guidance
- CommVault Maintains Buy Rating and $160 Price Target on Strong Q4 Beat and Robust FY27 Outlook
- Commvault rises 12.3%
- Commvault sees FY27 subscription ARR $1.2B-$1.21B