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Fly News Breaks for October 26, 2015
CVLT
Oct 26, 2015 | 05:36 EDT
Piper Jaffray analyst Andrew Nowinski upgraded Commvault to Overweight saying the recent launch of Simpana 11 should bring the company's software license growth back to historical levels. Nowinski thinks management may guide above the Street estimates for the December quarter, which he feels would be a share catalyst. The analyst raised his price target for the stock to $44 from $34.
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