Commvault price target raised to $195 from $192 at KeyBanc

KeyBanc raised the firm’s price target on Commvault (CVLT) to $195 from $192 and keeps an Overweight rating on the shares following a solid Q3 organic ARR beat and raise. The firm estimates about a $3M organic, FX-adjusted Q3 NNARR beat vs. consensus.

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