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Analysts Offer Insights on Technology Companies: CommVault Systems (CVLT), Microsoft (MSFT) and Celestica (CLS)

Analysts have been eager to weigh in on the Technology sector with new ratings on CommVault Systems (CVLTResearch Report), Microsoft (MSFTResearch Report) and Celestica (CLSResearch Report).

CommVault Systems (CVLT)

In a report released yesterday, Dan Bergstrom from RBC Capital maintained a Hold rating on CommVault Systems, with a price target of $97.00. The company’s shares closed last Tuesday at $88.07, close to its 52-week high of $92.79.

According to TipRanks.com, Bergstrom is ranked #1414 out of 8695 analysts.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for CommVault Systems with a $92.20 average price target, implying an 8.5% upside from current levels. In a report issued on January 16, Piper Sandler also assigned a Hold rating to the stock with a $78.00 price target.

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Microsoft (MSFT)

RBC Capital analyst Rishi Jaluria maintained a Buy rating on Microsoft today and set a price target of $450.00. The company’s shares closed last Tuesday at $408.59, close to its 52-week high of $413.05.

According to TipRanks.com, Jaluria is a 4-star analyst with an average return of 5.5% and a 56.3% success rate. Jaluria covers the Technology sector, focusing on stocks such as Clearwater Analytics Holdings, Zoom Video Communications, and Palantir Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $459.52 average price target, implying an 11.5% upside from current levels. In a report released today, BMO Capital also maintained a Buy rating on the stock with a $455.00 price target.

Celestica (CLS)

In a report released yesterday, Maxim Matushansky from RBC Capital maintained a Buy rating on Celestica, with a price target of $38.00. The company’s shares closed last Tuesday at $33.09, close to its 52-week high of $34.72.

Matushansky has an average return of 35.0% when recommending Celestica.

According to TipRanks.com, Matushansky is ranked #1511 out of 8695 analysts.

Currently, the analyst consensus on Celestica is a Strong Buy with an average price target of $31.52.

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