Peeling Back The Layers: Exploring CommVault Systems Through Analyst Insights
Portfolio Pulse from Benzinga Insights
CommVault Systems (NASDAQ:CVLT) has been analyzed by 8 analysts over the last quarter, showing a range of sentiments from bullish to bearish. The average 12-month price target is $124.25, reflecting a 10.33% increase from the previous average. Analysts have recently raised their price targets, indicating positive sentiment.
July 02, 2024 | 1:01 pm
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POSITIVE IMPACT
CommVault Systems has received positive sentiment from analysts, with recent ratings showing increased bullishness. The average 12-month price target is now $124.25, a 10.33% increase from the previous average.
The increase in the average 12-month price target and the recent bullish ratings from multiple analysts suggest a positive short-term impact on CVLT's stock price. Analysts raising their price targets and maintaining or upgrading their ratings indicate confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100