By: Benzinga
UPDATE: Wunderlich Securities Raises PT to $70 on CommVault Systems on FQ3 Upside to Consensus
Wunderlich Securities maintained CommVault Systems (NASDAQ: CVLT ) with a Hold rating and raised the price target from $44.00 to $70.00. Wunderlich Securities commented, "CommVault (CVLT) reported fiscal 3Q13 EPS of $0.39 on revenue of $128.1mm, well ahead of consensus estimates of $0.32/$122.6mm and a penny ahead of our $0.38/$123mm
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