VMware Move Beyond Virtualization Sparks Potential

By | March 11, 2014

Scalper1 News

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 Scalper1 News

Scalper1 News