Can Commvault (CVLT) Run Higher on Rising Earnings Estimates?
Commvault(CVLT) Zacks Investment Research·2024-05-07 01:21
Commvault Systems (CVLT) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this data-management software company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in ea ...