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Fly News Breaks for January 30, 2019
CVLT
Jan 30, 2019 | 08:41 EDT
Lake Street analyst Eric Martinuzzi raised his price target for Commvault Systems to $69 citing an multiple expansion for an expected increase in the company's revenue growth rate in fiscal 2020. The analyst believes Commvault's growth in its large enterprise business "appears to have legs" and he reiterates a Buy rating on the shares.
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