VMware Gets Analyst Upgrade On New Market Opportunity

By | March 24, 2014

Scalper1 News

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, Scalper1 News

Scalper1 News