Commvault Begins Fiscal Year with Strong Customer Momentum

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CommVault Systems (CVLT) PT Raised to $75 at Mizuho Securities

July 25, 2017 3:53 PM EDT

Mizuho Securities raised its price target on CommVault Systems (NASDAQ: CVLT) to $75.00 (from $70.00) while maintaining a Buy rating following the company's 1Q earnings report. Total revenue printed at $166mm vs. consensus of $160mm. EPS of $0.21 also beat consensus.

Full-year license growth expectation of 'strong... More