Commvault Systems (CVLT) PT Raised to $56 at Mizuho Securities

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CommVault Systems (CVLT) PT Raised to $62 at Stifel Posts Q1

July 26, 2016 1:29 PM EDT

Stifel analyst Aaron Rakers reiterated an Buy rating and lifted his price target on CommVault Systems (NASDAQ: CVLT) to $62.00 (from $55.00) following solid Q1 results.

Rakers commented, "Commvaults F1Q17 results and commentary on: pipeline / funnel (large deals NOT factored into view that street estimates are reasonable), cloud-driven growth (60% increase in data managed using Commvault in public... More

Commvault Systems (CVLT) Tops Q1 EPS by 4c

July 26, 2016 7:46 AM EDT

Commvault Systems (NASDAQ: CVLT) reported Q1 EPS of $0.21, $0.04 better than the analyst estimate of $0.17. Revenue for the quarter came in at $152.4 million versus the consensus estimate of $149.15 million.

For earnings history and earnings-related data on Commvault Systems (CVLT) click here.

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