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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCommvault CEO on how his company has 'democratized' cloud securitySanjay Mirchandani, Commvault CEO, joins CNBC's 'The Exchange' to discuss cloud cybersecurity, how his company responds to cyber attacks, and more.
Persons: Sanjay Mirchandani
Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Microsoft as overweight Morgan Stanley raised its price target on the stock to $465 per share from $450 following earnings. Morgan Stanley reiterates Alphabet as overweight Morgan Stanley raised its price target on the stock to $165 per share from $150 and said it's standing by Alphabet shares after earnings on Tuesday. " Bank of America reiterates Meta as buy Bank of America said it's bullish heading into Meta earnings on Thursday. Bank of America reiterates Advanced Micro Devices as buy Bank of America said it's standing by its buy rating following earnings on Tuesday. Morgan Stanley downgrades Sofi to underweight from equal weight Morgan Stanley said in its downgrade of SoFI that it sees too many "near-term revenue headwinds."
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All three major averages posted gains for the third consecutive week, lifted by solid quarterly earnings and positive economic data. Earnings season ramps up next week, with five of the Super Six mega-cap stocks delivering results. Employment numbers are the most important economic data, with Friday's January nonfarm payrolls report carrying the most weight. The January ISM Manufacturing report on Thursday and December's factory orders report Friday are expected to show the sector still in contraction mode. But earnings and commentary this week from peer Sartorious made us encouraged about a return to growth in 2024.
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In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCybersecurity: Don't assume you have better defenses than bad actors, data protection company saysSanjay Mirchandani of Commvault says the best defense against cyberattacks is "a good backup, and even better, a great recovery."
Persons: Sanjay Mirchandani, Commvault Organizations: cyberattacks
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