Commvault Systems (CVLT) Tops Q4 EPS by 3c, Beats on Revenue

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CommVault Systems (CVLT) PT Raised to $67 at Jefferies Following 4Q

May 4, 2017 10:35 AM EDT

Jefferies raised its price target on CommVault Systems (NASDAQ: CVLT) to $67.00 (from $64.00) while maintaining a Buy rating. CVLT reported 4Q total revenues of $172.9M, exceeding the Street's $166.3M estimate. Software revenue of $84.7M exceeded the Street's $80.2M. Non-GAAP EPS of $0.29 beat the Street's... More

CommVault Systems (CVLT) PT Raised to $62 at Mizuho Securities on 4Q17 Results; 'Strong Results & Outlook, Turnaround May Have Legs'

May 3, 2017 3:53 PM EDT

Mizuho Securities raised its price target on CommVault Systems (NASDAQ: CVLT) to $62.00 (from $60.00) while maintaining a Buy rating, following the company's fourth quarter earnings report.

Analyst Abhey Lamba notes the company delivered fourth quarter Software unit revenue, total revenue, margins and earnings per share... More