- Barclays analyst Adrienne Yih downgraded Cricut Inc (NASDAQ:CRCT) to Underweight from Equal Weight with an unchanged price target of $28, implying a 7% upside.
- The analyst sees limited upside to Cricut in the near term given the “faster than anticipated attrition” in crafting activity as consumers gravitate towards experiences as reopening accelerates.
- She is concerned that engagement may decline faster than anticipated as a full reopening has yet to occur.
- Price Action: CRCT shares traded lower by 6.4% at $25.82 on the last check Friday.
CommVault Systems Q4 Adj. EPS $0.75 Beats $0.63 Estimate, Sales $205.90M Beat $202.02M Estimate
CommVault Systems (NASDAQ:CVLT) reported quarterly earnings of $0.75 per share which beat the analyst consensus estimate of $0.63 by 19.05 percent. This is a 27.12 percent increase over earnings of $0.59 per share from
