Commvault price target raised to $200 from $185 at DA Davidson

DA Davidson raised the firm’s price target on Commvault (CVLT) to $200 from $185 and keeps a Buy rating on the shares. The company delivered strong Q4 results while the management noted that Cyber Resilience solutions, which include cleanroom recovery, air gap protect, active directory, threat scan, etc., accounted for 25% of total annual recurring revenue, the analyst tells investors in a research note. The firm adds that it expects Cyber Resilience contribution to continue to increase throughout FY26.