CommVault Systems (NASDAQ:CVLT) Raised to Buy at Wall Street Zen

Market Beat
2026.05.02 05:28
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Wall Street Zen upgraded CommVault Systems (NASDAQ:CVLT) from a "hold" to a "buy" rating. Analysts have mixed opinions, with Cantor Fitzgerald lowering their target price to $100 and Loop Capital setting it at $125. The stock has a consensus rating of "Moderate Buy" and a target price of $135. CommVault reported $1.28 EPS, exceeding estimates, with revenue up 13.3% year-over-year. CEO Sanjay Mirchandani sold shares recently, and institutional investors have been adjusting their stakes in the company.