CommVault Systems (CVLT) Upgraded to Top Pick; Shares Continue Higher
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Price: $145.54 -2.97%
Rating Summary:
16 Buy, 18 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 19
Rating Summary:
16 Buy, 18 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 7 | Down: 5 | New: 19
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Shares of CommVault Systems (Nasdaq: CVLT) are outperforming the broader equity market sharply Tuesday following an earlier upgrade from RBC Capital's Robert Breza. The stock last traded at $43.29, up 4.9 percent from Friday's closing price. Volume is below average this afternoon.
Breza now rates shares of CommVault a 'Top Pick,' up from 'Outperform' previously. The analyst maintained a $50 price target, which implies potential upside of almost 16 percent from where the stock is currently trading.
The 52-week range is $28.55 - 50.90. The company doesn't pay a dividend, but the one-year chart indicates shares are up about 40 percent.
Breza now rates shares of CommVault a 'Top Pick,' up from 'Outperform' previously. The analyst maintained a $50 price target, which implies potential upside of almost 16 percent from where the stock is currently trading.
The 52-week range is $28.55 - 50.90. The company doesn't pay a dividend, but the one-year chart indicates shares are up about 40 percent.
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