Baird analyst Shrenik Kothari raised the firm’s price target on Rubrik (RBRK) to $48 from $42 and keeps an Outperform rating on the shares. The firm said Commvault (CVLT) reported FQ2’25 yesterday offering positive read-throughs for Rubrik heading into its Off-Q earnings report. As one of Rubrik’s primary peers in the data management and cyber resilience space, Commvault’s strong performance underscores the healthy demand in the industry.
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