Commault Systems, Inc. (CVLT) Misses Q2 EPS by 10c

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Go back to Commault Systems, Inc. (CVLT) Misses Q2 EPS by 10c

Piper Jaffray Downgrades CommVault Systems (CVLT) to Neutral

October 29, 2014 7:02 AM EDT

Piper Jaffray downgraded CommVault Systems (NASDAQ: CVLT) from Overweight to Neutral with a price target of $40.00 (from $69.00).

Analyst Andrew Nowinski comments, "We are downgrading shares of CommVault to Neutral and lowering our price target
to $40 (previously $69) due to concerns that the competitive... More