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Hot Stocks
Starboard Value buys ON Semi, cuts Advance Auto stake in Q4 » 16:10
02/16/21
02/16
16:10
02/16/21
16:10
ON

ON Semiconductor

$41.81 /

+0.525 (+1.27%)

, SPY

SPDR S&P 500 ETF Trust

$392.58 /

-0.12 (-0.03%)

, ACIW

ACI Worldwide

$41.34 /

+0.06 (+0.15%)

, CTVA

Corteva

$45.26 /

+0.84 (+1.89%)

, NLOK

NortonLifeLock

$21.44 /

-0.035 (-0.16%)

, CVLT

Commvault

$69.29 /

-1.91 (-2.68%)

, ACM

Aecom

$57.67 /

+1.64 (+2.93%)

, AAP

Advance Auto Parts

$156.49 /

+3.59 (+2.35%)

, IWN

iShares Russell 2000 Value Index

$152.34 /

+0.38 (+0.25%)

, SCOR

Comscore

$3.90 /

-0.03 (-0.76%)

, CERN

Cerner

$72.76 /

-2.195 (-2.93%)

, GDOT

Green Dot

$54.82 /

+0.43 (+0.79%)

Jeffrey Smith's…

Jeffrey Smith's Starboard Value disclosed in an SEC filing its holdings as of December 31, 2020. Starboard's one new buy during the fourth quarter was ON Semiconductor (ON). The fund exited one position during the quarter, namely SPDR S&P 500 ETF Trust (SPY). Starboard increased its stake in eight holdings, including by size of previous position ACI Worldwide (ACIW), Corteva (CTVA), NortonLifeLock (NLOK), Commvault (CVLT), and Aecom (ACM). The fund decreased its stake in six holdings, including by size of previous position Advance Auto (AAP), iShares Russell 2000 Value ETF (IWN), ComScore (SCOR), Cerner (CERN), and Green Dot (GDOT). Starboard's top holdings as of December 31, in order of size, were Corteva, NortonLifeLock, Aecom, ACI Worldwide, and ON Semiconductor.

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SPY SPDR S&P 500 ETF Trust
$392.58 /

-0.12 (-0.03%)

SCOR Comscore
$3.90 /

-0.03 (-0.76%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

GDOT Green Dot
$54.82 /

+0.43 (+0.79%)

CVLT Commvault
$69.29 /

-1.91 (-2.68%)

CTVA Corteva
$45.26 /

+0.84 (+1.89%)

CERN Cerner
$72.76 /

-2.195 (-2.93%)

ACM Aecom
$57.67 /

+1.64 (+2.93%)

ACIW ACI Worldwide
$41.34 /

+0.06 (+0.15%)

AAP Advance Auto Parts
$156.49 /

+3.59 (+2.35%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

02/10/21 B. Riley Securities
B. Riley Securities sees interesting opportunities in Skyworks, Silicon Motion
02/02/21 JPMorgan
ON Semiconductor price target raised to $37.50 from $25.50 at JPMorgan
02/02/21 Needham
ON Semiconductor price target raised to $45 from $38 at Needham
02/02/21 Craig-Hallum
ON Semiconductor price target raised to $43 from $38 at Craig-Hallum
SPY SPDR S&P 500 ETF Trust
$392.58 /

-0.12 (-0.03%)

01/07/21 Credit Suisse
Credit Suisse raises 2021 S&P 500 target to 4,200, sees 12% upside
11/09/20 JPMorgan
JPMorgan sees S&P 500 hitting 4,000 by early next year
09/01/20
Fed's Brainard says monetary policy to pivot from stabilization to accommodation
08/17/20 Goldman Sachs
Goldman boosts end of 2020 S&P 500 target to 3,600 from 3,000
ACIW ACI Worldwide
$41.34 /

+0.06 (+0.15%)

12/09/20 BTIG
ACI Worldwide price target raised to $46 from $39 at BTIG
12/08/20 Craig-Hallum
ACI Worldwide price target raised to $46 from $38 at Craig-Hallum
12/02/20 Stephens
Stephens upgrades ACI Worldwide to Overweight after Starboard urges sale
12/02/20 Stephens
ACI Worldwide upgraded to Overweight from Equal Weight at Stephens
CTVA Corteva
$45.26 /

+0.84 (+1.89%)

02/09/21 Morgan Stanley
Corteva price target raised to $50 from $46 at Morgan Stanley
02/05/21 JPMorgan
Corteva upgraded to Overweight with $51 target at JPMorgan
02/05/21 RBC Capital
Corteva price target raised to $52 from $45 at RBC Capital
02/05/21 Barclays
Corteva price target raised to $46 from $37 at Barclays
NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

02/02/21 Morgan Stanley
NortonLifeLock assumed at Overweight at Morgan Stanley
09/11/20 Baird
Baird sees 'no reason for concern' about NortonLifeLock convertible notes sales
08/21/20
Fly Intel: Top five analyst upgrades
08/21/20 Argus
NortonLifeLock upgraded to Buy from Hold at Argus
CVLT Commvault
$69.29 /

-1.91 (-2.68%)

01/29/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
01/28/21 Needham
Commvault price target raised to $76 from $66 at Needham
01/28/21 Lake Street
Commvault price target raised to $68 from $54 at Lake Street
01/28/21 RBC Capital
Commvault price target raised to $57 from $48 at RBC Capital
ACM Aecom
$57.67 /

+1.64 (+2.93%)

01/19/21 Citi
Aecom price target raised to $69 from $61 at Citi
01/15/21 Barclays
Aecom price target raised to $60 from $56 at Barclays
11/17/20 KeyBanc
Aecom price target raised to $60 from $45 at KeyBanc
11/17/20 Citi
Aecom price target raised to $61 from $56 at Citi
AAP Advance Auto Parts
$156.49 /

+3.59 (+2.35%)

02/16/21 Goldman Sachs
Advance Auto Parts price target raised to $157 from $142 at Goldman Sachs
02/01/21 JPMorgan
Advance Auto Parts added to Analyst Focus List at JPMorgan
12/18/20 Jefferies
Standard Motor price target lowered to $52 from $55 at Jefferies
12/11/20 Jefferies
AutoZone upgraded to Buy on 'do-it-for-me' market share gains at Jefferies
IWN iShares Russell 2000 Value Index
$152.34 /

+0.38 (+0.25%)

SCOR Comscore
$3.90 /

-0.03 (-0.76%)

01/11/21 Loop Capital
Comscore upgraded to Buy from Hold at Loop Capital
01/11/21 Loop Capital
Comscore upgraded to Buy from Hold at Loop Capital
08/19/20 Truist
Comscore most likely to remain independent, says Truist
CERN Cerner
$72.76 /

-2.195 (-2.93%)

02/16/21 Piper Sandler
Cerner price target raised to $85 from $84 at Piper Sandler
02/11/21 KeyBanc
Cerner price target raised to $90 from $82 at KeyBanc
02/11/21 Truist
Cerner price target raised to $82 from $72 at Truist
02/11/21 UBS
Cerner downgraded to Neutral from Buy at UBS
GDOT Green Dot
$54.82 /

+0.43 (+0.79%)

01/14/21 Northland
Northland downgrades Green Dot to Market Perform at start of 'transition year'
01/14/21 Northland
Green Dot downgraded to Market Perform from Outperform at Northland
11/05/20 Deutsche Bank
Green Dot price target raised to $50 from $48 at Deutsche Bank
11/03/20 Truist
Green Dot appears to have won flex debit work at Amazon, says Truist
SCOR Comscore
$3.90 /

-0.03 (-0.76%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

GDOT Green Dot
$54.82 /

+0.43 (+0.79%)

CVLT Commvault
$69.29 /

-1.91 (-2.68%)

CTVA Corteva
$45.26 /

+0.84 (+1.89%)

CERN Cerner
$72.76 /

-2.195 (-2.93%)

ACM Aecom
$57.67 /

+1.64 (+2.93%)

ACIW ACI Worldwide
$41.34 /

+0.06 (+0.15%)

AAP Advance Auto Parts
$156.49 /

+3.59 (+2.35%)

SPY SPDR S&P 500 ETF Trust
$392.58 /

-0.12 (-0.03%)

SCOR Comscore
$3.90 /

-0.03 (-0.76%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

GDOT Green Dot
$54.82 /

+0.43 (+0.79%)

CTVA Corteva
$45.26 /

+0.84 (+1.89%)

ACIW ACI Worldwide
$41.34 /

+0.06 (+0.15%)

SCOR Comscore
$3.90 /

-0.03 (-0.76%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

GDOT Green Dot
$54.82 /

+0.43 (+0.79%)

CTVA Corteva
$45.26 /

+0.84 (+1.89%)

AAP Advance Auto Parts
$156.49 /

+3.59 (+2.35%)

SPY SPDR S&P 500 ETF Trust
$392.58 /

-0.12 (-0.03%)

ON ON Semiconductor
$41.81 /

+0.525 (+1.27%)

NLOK NortonLifeLock
$21.44 /

-0.035 (-0.16%)

CERN Cerner
$72.76 /

-2.195 (-2.93%)

ACM Aecom
$57.67 /

+1.64 (+2.93%)

AAP Advance Auto Parts
$156.49 /

+3.59 (+2.35%)

SPY SPDR S&P 500 ETF Trust
$392.58 /

-0.12 (-0.03%)

Hot Stocks
Commvault appoints SaaS Veteran Isabelle Guis as Chief Marketing Officer » 08:32
02/04/21
02/04
08:32
02/04/21
08:32
CVLT

Commvault

$64.52 /

+0.76 (+1.19%)

Commvault appointed…

Commvault appointed Isabelle Guis as Chief Marketing Officer. Most recently, she was vice president of sales cloud product marketing at Salesforce, where she oversaw product messaging, launches, and innovation for the Sales Cloud portfolio. Prior to Salesforce, she was the chief marketing and strategy officer at Egnyte. Guis has also held executive and senior management roles at EMC Corporation, Big Switch Networks, Avaya, Cisco Systems, and Nortel Networks.

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CVLT Commvault
$64.52 /

+0.76 (+1.19%)

CVLT Commvault
$64.52 /

+0.76 (+1.19%)

01/29/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
01/28/21 Needham
Commvault price target raised to $76 from $66 at Needham
01/28/21 Lake Street
Commvault price target raised to $68 from $54 at Lake Street
01/28/21 RBC Capital
Commvault price target raised to $57 from $48 at RBC Capital
CVLT Commvault
$64.52 /

+0.76 (+1.19%)

Over a month ago
Recommendations
Commvault price target raised to $75 from $55 at Wells Fargo » 07:00
01/29/21
01/29
07:00
01/29/21
07:00
CVLT

Commvault

$63.14 /

+3.29 (+5.50%)

Wells Fargo analyst Aaron…

Wells Fargo analyst Aaron Rakers raised the firm's price target on Commvault to $75 from $55 and keeps an Overweight rating on the shares. Commvault provided what the analyst considers a positive long-term strategic update, of 9%-10% software & products revenue growth with a target of 25%+ EBITDA through FY23, coupled with a positive capital allocation update.

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CVLT Commvault
$63.14 /

+3.29 (+5.50%)

CVLT Commvault
$63.14 /

+3.29 (+5.50%)

01/28/21 Needham
Commvault price target raised to $76 from $66 at Needham
01/28/21 Lake Street
Commvault price target raised to $68 from $54 at Lake Street
01/28/21 RBC Capital
Commvault price target raised to $57 from $48 at RBC Capital
01/28/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
CVLT Commvault
$63.14 /

+3.29 (+5.50%)

Recommendations
Commvault price target raised to $76 from $66 at Needham » 09:16
01/28/21
01/28
09:16
01/28/21
09:16
CVLT

Commvault

$59.89 /

-0.8 (-1.32%)

Needham analyst Jack…

Needham analyst Jack Andrews raised the firm's price target on Commvault to $76 from $66 and keeps a Buy rating on the shares. In its Investor Day presentation yesterday, the company's management detailed how the culmination of investments in its products, migration of its customer base to subscriptions, and go-to-market changes emphasizing operational discipline are contributing to its "improved posture" for addressing the larger and more modern requirements of Intelligent Data Management, the analyst tells investors in a research note.

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CVLT Commvault
$59.89 /

-0.8 (-1.32%)

CVLT Commvault
$59.89 /

-0.8 (-1.32%)

01/28/21 Lake Street
Commvault price target raised to $68 from $54 at Lake Street
01/28/21 RBC Capital
Commvault price target raised to $57 from $48 at RBC Capital
01/28/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
01/28/21 Piper Sandler
Commvault price target raised to $70 from $68 at Piper Sandler
CVLT Commvault
$59.89 /

-0.8 (-1.32%)

Recommendations
Commvault price target raised to $68 from $54 at Lake Street » 09:07
01/28/21
01/28
09:07
01/28/21
09:07
CVLT

Commvault

$59.89 /

-0.8 (-1.32%)

Lake Street analyst Eric…

Lake Street analyst Eric Martinuzzi raised the firm's price target on Commvault to $68 from $54 and keeps a Buy rating on the shares, stating that he sees the company's "excellent" Q3 results and "solid" guidance as further evidence of recovery. Martinuzzi also noted that Commvault said it will be more aggressive over the next 14 months in terms of buying back stock.

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CVLT Commvault
$59.89 /

-0.8 (-1.32%)

CVLT Commvault
$59.89 /

-0.8 (-1.32%)

01/28/21 RBC Capital
Commvault price target raised to $57 from $48 at RBC Capital
01/28/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
01/28/21 Piper Sandler
Commvault price target raised to $70 from $68 at Piper Sandler
01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
CVLT Commvault
$59.89 /

-0.8 (-1.32%)

Recommendations
Commvault price target raised to $57 from $48 at RBC Capital » 07:55
01/28/21
01/28
07:55
01/28/21
07:55
CVLT

Commvault

$59.89 /

-0.8 (-1.32%)

RBC Capital analyst Dan…

RBC Capital analyst Dan Bergstrom raised the firm's price target on Commvault to $57 from $48 but keeps a Sector Perform rating on the shares. The company's Q3 results were ahead of expectations as its transition to subscription revenue "continues to build", the analyst tells investors in a research note. Bergstrom adds that while the stock is valued at 3-times enterprise value to expected sales vs. its peer group mean of 5-times, the discount reflects Commvault's "inconsistency over the last several quarters" and the recently reduced estimates.

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CVLT Commvault
$59.89 /

-0.8 (-1.32%)

CVLT Commvault
$59.89 /

-0.8 (-1.32%)

01/28/21 Wells Fargo
Commvault price target raised to $75 from $55 at Wells Fargo
01/28/21 Piper Sandler
Commvault price target raised to $70 from $68 at Piper Sandler
01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
01/13/21 KeyBanc
Commvault upgraded to Overweight on upcoming catalysts at KeyBanc
CVLT Commvault
$59.89 /

-0.8 (-1.32%)

Recommendations
Commvault price target raised to $75 from $55 at Wells Fargo » 07:35
01/28/21
01/28
07:35
01/28/21
07:35
CVLT

Commvault

$59.89 /

-0.8 (-1.32%)

Wells Fargo analyst Aaron…

Wells Fargo analyst Aaron Rakers raised the firm's price target on Commvault to $75 from $55 and keeps an Overweight rating on the shares. The analyst notes that Commvault reported "strong" Q3 upside tand provided what he considers a positive long-term strategic update.

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CVLT Commvault
$59.89 /

-0.8 (-1.32%)

CVLT Commvault
$59.89 /

-0.8 (-1.32%)

01/28/21 Piper Sandler
Commvault price target raised to $70 from $68 at Piper Sandler
01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
01/13/21 KeyBanc
Commvault upgraded to Overweight on upcoming catalysts at KeyBanc
01/13/21 KeyBanc
Commvault upgraded to Overweight from Sector Weight at KeyBanc
CVLT Commvault
$59.89 /

-0.8 (-1.32%)

Recommendations
Commvault price target raised to $70 from $68 at Piper Sandler » 06:05
01/28/21
01/28
06:05
01/28/21
06:05
CVLT

Commvault

$59.89 /

-0.8 (-1.32%)

Piper Sandler analyst…

Piper Sandler analyst James Fish raised the firm's price target on Commvault to $70 from $68 and keeps an Overweight rating on the shares following the company's analyst day. Commvault has hit the point in its transition of "inflecting results," with growth over the next few years projected higher than Street estimates and imply share gains, Fish tells investors in a research note.

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CVLT Commvault
$59.89 /

-0.8 (-1.32%)

CVLT Commvault
$59.89 /

-0.8 (-1.32%)

01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
01/13/21 KeyBanc
Commvault upgraded to Overweight on upcoming catalysts at KeyBanc
01/13/21 KeyBanc
Commvault upgraded to Overweight from Sector Weight at KeyBanc
01/12/21 Piper Sandler
Commvault upgraded to Overweight from Neutral at Piper Sandler
CVLT Commvault
$59.89 /

-0.8 (-1.32%)

Earnings
Commvault sees 2021 EPS $2.00, consensus $1.90 » 13:02
01/27/21
01/27
13:02
01/27/21
13:02
CVLT

Commvault

$59.00 /

-1.69 (-2.78%)

Sees 2021 revenue $714M,…

Sees 2021 revenue $714M, consensus $695.34M. Comments taken from FutureReady investor event.

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CVLT Commvault
$59.00 /

-1.69 (-2.78%)

CVLT Commvault
$59.00 /

-1.69 (-2.78%)

01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
01/13/21 KeyBanc
Commvault upgraded to Overweight on upcoming catalysts at KeyBanc
01/13/21 KeyBanc
Commvault upgraded to Overweight from Sector Weight at KeyBanc
01/12/21 Piper Sandler
Commvault upgraded to Overweight from Neutral at Piper Sandler
CVLT Commvault
$59.00 /

-1.69 (-2.78%)

Hot Stocks
Commvault expects FY23 recurring revenue to approach 80%-85% of total revenue » 12:39
01/27/21
01/27
12:39
01/27/21
12:39
CVLT

Commvault

$58.42 /

-2.27 (-3.74%)

Sees non-GAAP sales &…

Sees non-GAAP sales & marketing spend as 41% of revenue in FY21. Sees non-GAAP sales & marketing spend as 38% of revenue in FY23. Says gross margins are normalizing. Says committed to $200M in share repurchase through year-end 2022. Says will commit approximately 75% of FCF to additional share repurchases beginning in 2022. Says targeting non-GAAP EBITDA margin of approx. 25% in FY23. Says targeting sustainable double-digit EPS growth through FY23. Says aspiring to attain Rule of 40. Comments taken from FutureReady investor event.

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CVLT Commvault
$58.42 /

-2.27 (-3.74%)

CVLT Commvault
$58.42 /

-2.27 (-3.74%)

01/25/21 Needham
Commvault price target raised to $66 from $60 at Needham
01/13/21 KeyBanc
Commvault upgraded to Overweight on upcoming catalysts at KeyBanc
01/13/21 KeyBanc
Commvault upgraded to Overweight from Sector Weight at KeyBanc
01/12/21 Piper Sandler
Commvault upgraded to Overweight from Neutral at Piper Sandler
CVLT Commvault
$58.42 /

-2.27 (-3.74%)

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