What 4 Analyst Ratings Have To Say About CommVault Systems
Portfolio Pulse from Benzinga Insights
CommVault Systems (NASDAQ:CVLT) received diverse analyst ratings over the last three months, with a mix of bullish, somewhat bullish, and indifferent outlooks. The average 12-month price target for CVLT has been raised to $114.25, indicating a 12.29% increase from the previous target. Analysts from Lake Street, DA Davidson, RBC Capital, and Keybanc have all raised their price targets, reflecting positive adjustments based on market conditions and company performance. CommVault Systems, a provider of data and information management software, shows strong financial health with a notable revenue growth rate, high net margin, and impressive ROE and ROA, despite a below-average debt-to-equity ratio.
May 01, 2024 | 9:00 pm
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CommVault Systems has received updated analyst ratings with a new average 12-month price target of $114.25, reflecting a positive outlook from financial experts. The company's strong financial indicators, including revenue growth, net margin, ROE, and ROA, support a bullish sentiment among analysts.
The positive adjustment in CommVault Systems' price targets by analysts from reputable firms, along with the company's strong financial health indicators such as revenue growth, net margin, ROE, and ROA, suggest a bullish outlook for CVLT in the short term. The unanimous decision to raise price targets reflects confidence in the company's future performance, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100