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Commvault price target raised to $185 from $175 at RBC Capital

RBC Capital analyst Dan Bergstrom raised the firm’s price target on Commvault (CVLT) to $185 from $175 and keeps a Sector Perform rating on the shares after its Q4 earnings beat. Results were nicely ahead, while the initial look at FY26 was likely better than many had expected and looks prudent, the analyst tells investors in a research note. RBC adds it liked the continued momentum and acceleration through the year as subscription/SaaS ARR growth remain elevated.

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