1346 ET - Commvault's stock is on firmer footing, Baird analysts say in a research note, following a Reuter's report Friday that said the company is exploring a sale and has received interest from multiple parties. "There is still no official announcement and no indication that a finish line is close," the analysts say. Still, they note a sale would make sense given Commvault's leading position within the broader cyber resilience industry. "Commvault's appeal as a strategic/PE target asset is not surprising to us, given its positioning within the critical data backup/recovery and cyber resilience market, and discounted price post derating," they write. Shares are up 2% on Monday, after ending Friday about 10% higher. (connor.hart@wsj.com)
(END) Dow Jones Newswires
April 13, 2026 13:46 ET (17:46 GMT)
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