Commvault's Growth To Outpace Legacy Competitors Like Dell And IBM, Analyst Says - CommVault Systems ( NASDAQ:CVLT )
Oppenheimer analyst Param Singh initiated coverage on Commvault Systems, Inc. CVLT with an Outperform rating and a price forecast of $200. According to the analyst, Commvault is benefiting from the increasing importance of data, which is driving growth in backup storage total addressable market.
| Ticker |
Sentiment |
Impact |
|
CVLT
|
Bullish
|
39 %
|
|
DELL
|
Somewhat Bullish
|
13 %
|
