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Fly News Breaks for June 7, 2018
BABA, CVLT
Jun 7, 2018 | 07:23 EDT
Wells Fargo analyst Aaron Rakers raised his price target for Commvault (CVLT) to $80 from $75 after the company announced a strategic partnership with Alibaba (BABA) Cloud, extending Commvault's reach as a strategic provider of data management solutions for on-premise to public cloud. The analyst reiterates an Outperform rating on Commvault shares.
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