Tag Archives: vmw

VMware Gets Analyst Upgrade On New Market Opportunity

VMware (VMW) can realize incremental revenue opportunities outside its core market, says investment bank Sterne Agee, which on Monday upgraded the stock to buy. Sterne Agee analyst Alex Kurtz also raised his price target on VMware to 126 from 97, and issued a long-term three-year price target of 168. VMware stock, however, was lower Monday amid a down day for most stocks. VMware stock was off 1.5% in afternoon trading in the stock market today,

VMware Growth Prospects Earn Upbeat Analyst Reports

More analysts are buying into the VMware (VMW) story. On Thursday, Daniel Ives, an analyst for FBR Capital Markets & Co., raised his price target on the enterprise software company based on near-term prospects in its core virtualization software market and expectations of cracking new markets, including the emerging Software-Defined Networking area. Ives raised his target to 120 from 115 and maintained his outperform rating on the company. Two

VMware Move Beyond Virtualization Sparks Potential

There’s a lot more to VMware (VMW) than just virtualization software. That’s the assessment of Rick Sherlund, an analyst for Nomura Securities International, who raised his price target to 120 from 110 on Tuesday after attending an investor meeting with Ramin Sayar, general manager of VMware’s cloud management business unit. VMware stock was up nearly 1% in afternoon trading Monday, and it earlier rose to a 22-month high over 104 in the stock