VMware Downgraded On Questionable Growth Potential

By | July 6, 2015

Scalper1 News

VMware (VMW) received a downgrade and price target reduction Monday from an analyst who anticipates that the enterprise software company will face growth headwinds in the second half of 2015 and next year. “With the large majority of server workloads (we estimate 70%-plus) penetrated, VMware faces growth challenges, in our view, as it looks to diversify its vSphere-focused top line, despite the increased focus on suite offerings, good uptake of Scalper1 News

Scalper1 News