Analyst Ratings for CommVault Systems (CVLT)

Overall Rating: NEUTRAL Rating Trend: Down

Avg. $ Target: $61.89 (-16%)

Date	Firm	Type	Rating (Past)	PT (Past)	Start $	End $	% Chg.	Details
5/2/2013	Piper Jaffray	Upgrade	Overweight (Neutral)	84.00 (74.00)	71.79	73.72	2.69%	Details
1/7/2013	Craig-Hallum	Downgrade	Hold (Buy)	72.00 (69.00)	71.65	73.72	2.89%	Details
10/1/2012	RBC Capital	Downgrade	Sector Perform (Outperform)	N/A (N/A)	58.66	73.72	25.67%	Details
6/27/2012	Goldman Sachs	New Coverage	Buy (N/A)	60.00 (N/A)	45.48	73.72	62.09%	Details
6/25/2012	Sterne Agee	New Coverage	Buy (N/A)	54.00 (N/A)	46.12	73.72	59.84%	Details
8/18/2011	Jefferies » Updated 5/9/2012	New Coverage	Hold (N/A)	53.00 (N/A)	38.41	73.72	91.93%	Details
7/26/2011	FBN Securities	New Coverage	Sector Perform (N/A)	42.00 (N/A)	41.25	73.72	78.72%	Details
5/31/2011	Avian Securities	Upgrade	Positive (N/A)	N/A (N/A)	41.13	73.72	79.24%	Details
5/11/2011	Noble Financial	Downgrade	Hold (N/A)	N/A (N/A)	39.24	73.72	87.87%	Details
5/9/2011	Capstone Investments	Downgrade	Sell (N/A)	N/A (N/A)	36.57	73.72	101.59%	Details
4/6/2011	Wunderlich Securities » Updated 5/9/2012	Downgrade	Hold (N/A)	56.00 (N/A)	38.99	73.72	89.07%	Details
11/3/2010	JMP Securities	Downgrade	Market Perform (N/A)	N/A (N/A)	29.19	73.72	152.55%	Details
9/15/2010	MKM Partners	New Coverage	Neutral (N/A)	N/A (N/A)	27.02	73.72	172.83%	Details
9/7/2010	Morgan Keegan	Downgrade	Market Perform (N/A)	N/A (N/A)	25.86	73.72	185.07%	Details
7/13/2010	Stifel Nicolaus	Downgrade	Hold (N/A)	N/A (N/A)	23.47	73.72	214.1%	Details

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