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Fly News Breaks for July 29, 2015
CVLT
Jul 29, 2015 | 05:27 EDT
Jefferies analyst Brad Zelnick upgraded Commvault to Buy saying the risk/reward is "too compelling to ignore" following the post-earnings selloff. Zelnick expects execution improvements and sees the possibility of activism, including the potential for an outright sale. He lowered his price target for the stock to $45 from $50.
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