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Fly News Breaks for December 3, 2015
CVLT
Dec 3, 2015 | 11:17 EDT
BTIG analyst Joel Fishbein said Commvault's partnership with privately held Laitek moves it into higher growth verticals such as healthcare, which could be a large opportunity for the company. Fishbein believes the company is effectively repositioning and strengthening its product portfolio and getting back on track after execution missteps. The firm's analyst rates Commvault a Buy wiht a $48 price target on shares.
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