VMware (VMW) Prelim. Q3 Revenue, EPS Outpace Expectations
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Cowen Cuts Price Target on VMware (VMW) Following Dell's Announced Acquisition of EMC
October 12, 2015 3:56 PM EDTCowen reiterated an Outperform rating on VMware (NYSE: VMW), and cut the price target to $87.00 (from $90.00), following Dell's announced acquisition of EMC. As part of the deal, Dell will pay EMC shareholders with VMW "tracking stock", or stock that will follow the 19% of... More
Mizuho Securities Downgrades VMware (VMW) to Neutral Following Dell/EMC Deal
October 12, 2015 10:38 AM EDTMizuho Securities downgraded VMware (NYSE: VMW) from Outperform to Neutral with a price target of $75.00 (from $95.00) after Dell agreed to acquire EMC.
Analyst Abhey Lamba commented, "We are downgrading the stock to Neutral from Buy, and cutting our PT to $75 from $95. We think... More
