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Enter Symbol:
Commvault Systems, Inc. (CVLT) [hlAlert]

up 63.96 %

Commvault Systems, Inc. (CVLT) rated Buy with price target $83 by Needham

Posted on: Thursday,  Jan 31, 2013  8:25 AM ET by Needham

Needham rated Buy Commvault Systems, Inc. (NASDAQ: CVLT) on 01/31/2013. Previously Needham rated Buy Commvault Systems, Inc. (NASDAQ: CVLT) on 11/18/2009.,
when the stock price was $21.95. Since then, Commvault Systems, Inc. has gained 63.96% as of 01/28/2016's recent price of $35.99.
If you would have followed the previous Needham's recommendation on CVLT, you would have gained 63.96% of your investment in 2262 days.

CommVault provides Unified Data Management solutions for high-performance data protection, universal availability and simplified management of data on complex storage networks. The CommVault QiNetix platform, based on CommVault's Common Technology Engine, integrates Galaxy backup and recovery, snapshot management and recovery, remote replication, active data migration and archiving, e-mail compliance, enterprise service level management and reporting and storage resource management software solutions. The QiNetix unified approach is designed to allow customers to add integrate QiNetix components, at a fraction of the time, effort and money required by separate point products.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/31/2013 8:25 AM Buy
77.33 83.00
as of 12/13/2013
1 Week down  -8.35 %
1 Month down  -12.20 %
3 Months down  -20.98 %
1 YTD down  -3.57 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/9/2012 8:25 AM Buy
52.90 61.00
6/2/2011 8:25 AM Buy
41.03 46.00
5/10/2011 3:25 PM Buy
39.30 44.00
11/18/2009 8:25 AM Buy
21.95 26.00

(*) Stock Price at the time of the recommendation.
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