Commvault Systems Inc

NASDAQ: CVLT
$94.63
-$1.00 (-1.0%)
Closing price April 17, 2024
Commvault Systems Inc specializes in data protection, offering a suite of solutions to help businesses and government agencies secure, manage, and recover their data. Its products include backup and recovery, disaster recovery, and cloud-based data protection services. With a focus on advanced security, Commvault also provides consulting and managed services for ransomware recovery and data management. Founded in 1988 and based in New Jersey, the company serves a diverse range of industries worldwide, emphasizing ease of use and scalability in its solutions.
Friday's top analyst upgrades and downgrades included Adobe, American Airlines, BorgWarner, Coherent, Freeport-McMoRan, SL Green Realty, Snowflake, Southwest Airlines, Wendy’s and Wolfspeed.
Thursday's top analyst upgrades and downgrades included Advanced Micro Devices, Alphabet, Amazon.com, Digital Ocean, D.R. Horton, Freeport-McMoRan, Intel, Nvidia, Rivian Automotive, Tesla and Twitter.
Thursday's top analyst upgrades and downgrades included Advanced Micro Devices, Affirm, Bank of New York Mellon, Cloudflare, DoorDash, Ford, Juniper Networks, Truist Financial and Unilever.
Friday's top analyst upgrades and downgrades included ADS, BioMarin Pharmaceutical, Dick's Sporting Goods, Freeport-McMoRan, Northrop Grumman, Simon Properties and U.S. Steel.
Tuesday's top analyst upgrades and downgrades included Aflac, Commercial Metals, ConocoPhillips, Nio, Occidental Petroleum, Royal Dutch Shell, Target and Wells Fargo.
Wednesday's top analyst upgrades and downgrades included Bluebird Bio, Ciena, CommVault Systems, Dollar General, JD.com, Kroger, Nucor, Target and Walmart.
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A press release issued on Monday says that Elliott Management now manages funds that collectively own more than a 10% stake of common stock and economic equivalents of Commvault Systems.
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The research team at Jefferies is focused each week on finding good value stock calls, and it makes sense for investors in an increasing risky and expensive market to rotate to solid value ideas.