Commvault Systems (CVLT) Tops Q3 EPS by 2c

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Buy CommVault (CVLT) on Weakness - Stifel

January 25, 2017 1:02 PM EST

Stifel analyst Aaron Rakers lowered estimates on CommVault Systems (NASDAQ: CVLT) following results but is recommending clients buy on today's weakness. The firm maintained a Buy rating and price target of $68.

Rakers commented, "Although Commvaults F2018 EBIT margin (%) outlook results in downward / tempered earnings est., and we think the... More

Commvault Systems (CVLT) Raises Buyback Plan to $150M

January 25, 2017 7:43 AM EST

Commvault Systems (NASDAQ: CVLT) disclosed that during the quarter, Commvault repurchased $25.0 million of common stock (477,000 shares) under its share repurchase program. On January 18, 2017, the Board of Directors extended the expiration date of the share repurchase program to March 31, 2018 and authorized an increase to the... More