VMware Reports Third Quarter 2015 Results

Oppenheimer Downgrades VMware (VMW) to Perform

Oppenheimer downgraded VMware (NYSE: VMW) from Outperform to Perform.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $55.42 yesterday.

Investors Likely to Focus on VMW Deal as EMC Corp. (EMC) Reports In-Line 3Q Results; Mizuho Securities Remains Neutral

Mizuho Securities reiterated a Neutral rating on EMC (NYSE: EMC), and cut the price target to $30.00 (from $31.00), following the company's 3Q15 earnings results. Analyst Abhey Lamba said that fundamentals are unlikely to matter much at this point. Instead, investors are focused on the deal... More

Mizuho Securities Cuts Price Target on VMware (VMW) Following 3Q15 Results

Mizuho Securities maintained a Neutral rating on VMware (NYSE: VMW), and cut the price target to $60.00 (from $75.00), following the company's 3Q15 earnings results.

Analyst Abhey Lamba commented, "We are reiterating our Neutral rating while lowering our PT to $60 from $75 as we think VMW's... More

BMO Capital Cuts Price Target as VMware (VMW) Tries to Sell Virtustream Assets

BMO Capital maintained a Market Perform rating on VMware (NYSE: VMW), and cut the price target to $76.00 (from $88.00), as the company forms a JV with EMC to sell Virtustream assets.

Analyst Keith Bachman commented, "EMC and VMW are forming a JV to sell the... More

VMware (VMW) Reports 3Q EPS of $1.02; Drexel Hamilton Reiterates Hold Rating

Drexel Hamilton reiterated a Hold rating on VMware (NYSE: VMW), and cut the price target to $73.00 (from $80.00), following the company's 3Q15 earnings results. VMware reported 3Q:15 non-GAAP sales of $1.67 billion, with pro forma EPS of $1.02.

Analyst Brian White commented, "Last night, VMware... More

VMware's (VMW) Price Target Reduced to $70 at Deutsche Bank

Deutsche Bank maintained a Hold rating on VMware (NYSE: VMW) and reduced its price target to $70.00 (from $80.00). Comments follow disappointing Q3 results and guidance.

Commenting on developments and headwinds facing the company, analyst Karl Keirstead said, "The list of pressures is long: 1. customers are pausing while they assess if/how they will transition to cloud IT infrastructures, 2. deal delays given uncertainty about VMWs ownership changes,... More

Monness, Crespi, Hardt Downgrades VMware (VMW) to Neutral

Monness, Crespi, Hardt downgraded VMware (NYSE: VMW) from Buy to Neutral.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Atlantic Equities Downgrades VMware (VMW) to Neutral

Atlantic Equities downgraded VMware (NYSE: VMW) from Overweight to Neutral.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Sterne Agee CRT Downgrades VMware (VMW) to Neutral

Sterne Agee CRT downgraded VMware (NYSE: VMW) from Buy to Neutral with a price target of $75.00.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Maxim Group Downgrades VMware (VMW) to Hold

Maxim Group downgraded VMware (NYSE: VMW) from Buy to Hold.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Baird Cuts Price Target as VMware's (VMW) 3Q Results Fall In-Line with Preliminary Results

Baird maintained an Outperform rating on VMware (NYSE: VMW), and cut the price target to $80.00 (from $95.00), following the company's 3Q15 earnings results. Revenue/non-GAAP EPS of $1.67 billion/$1.02 was in line with the preliminary results released in connection with the Dell-EMC merger announcement.

Analyst... More

Raymond James Downgrades VMware (VMW) to Market Perform

Raymond James downgraded VMware (NYSE: VMW) from Outperform to Market Perform.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Pacific Crest Downgrades VMware (VMW) to Sector Weight

Pacific Crest downgraded VMware (NYSE: VMW) from Overweight to Sector Weight.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

Susquehanna Downgrades VMware (VMW) to Neutral

Susquehanna downgraded VMware (NYSE: VMW) from Positive to Neutral.

For an analyst ratings summary and ratings history on VMware click here. For more ratings news on VMware click here.

Shares of VMware closed at $68.76 yesterday.

EMC Corp. (EMC) Misses Q3 EPS by 1c

EMC Corp. (NYSE: EMC) reported Q3 EPS of $0.43, $0.01 worse than the analyst estimate of $0.44. Revenue for the quarter came in at $6.08 billion versus the consensus estimate of $6.17 billion.

Joe Tucci, EMC Chairman and CEO, said, This is an historic time for EMC and the entire IT industry. EMC combining with Dell, two highly complementary companies, will create a tech industry powerhouse - a new company with more than $80 billion in revenue that is... More

VMware's (VMW) Offers Mixed Q4 Guidance

VMware (NYSE: VMW) sees Q4 EPS of $1.23-$1.27 vs the consensus of $1.23. Revenue is seen at $1.83 billion to $1.88 billion vs the consensus of $1.88 billion.

VMware (VMW) Tops Q3 EPS by 2c

VMware (NYSE: VMW) reported Q3 EPS of $1.02, $0.02 better than the analyst estimate of $1.00. Revenue for the quarter came in at $1.68 billion versus the consensus estimate of $1.66 billion.

"Our solid third-quarter financial results reflect VMware's strength in delivering extraordinary value to our customers," said Pat... More