A Closer Look at 7 Analyst Recommendations For CommVault Systems
Portfolio Pulse from Benzinga Insights
Over the past three months, 7 analysts have evaluated CommVault Systems (NASDAQ:CVLT), with a mix of bullish and somewhat bullish ratings. The average 12-month price target has increased to $140.29, reflecting a 13.93% rise from the previous average. Analysts from firms like Keybanc, RBC Capital, and Piper Sandler have raised their price targets, indicating positive sentiment towards the company's future performance.
July 31, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CommVault Systems (NASDAQ:CVLT) has received a series of positive analyst ratings over the past three months, with the average 12-month price target rising to $140.29. Analysts from Keybanc, RBC Capital, and Piper Sandler have all raised their price targets, reflecting increased confidence in the company's future performance.
The increase in the average price target and the positive ratings from multiple analysts suggest a bullish outlook for CommVault Systems. This is likely to have a positive short-term impact on the stock price as investor sentiment improves.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100