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Stock Market & Financial Investment News

News Breaks
April 28, 2014
08:16 EDTCVLTCommVault price target lowered to $64 from $93 at Sterne Agee
Sterne Agee cut its price target on CommVault after the company reported higher than expected Q4 EPS but lower than expected revenue. However, the firm expects investors to eventually realize that the miss was caused by the company's transition to a business model focused on larger transactions. The firm thinks it may take two quarters for investors to regain trust inthe company, but it keeps a Buy rating on the stock.
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