Commvault Ends 2017 Fiscal Year with Continued Global Customer Growth in Fourth Quarter

Go back to Commvault Ends 2017 Fiscal Year with Continued Global Customer Growth in Fourth Quarter

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