VMware's (VMW) Offers Mixed Q4 Guidance

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

October 21, 2015 10:42 AM EDT

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

October 21, 2015 10:31 AM EDT

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

October 21, 2015 10:24 AM EDT

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

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

October 21, 2015 7:43 AM EDT

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

Pacific Crest Downgrades VMware (VMW) to Sector Weight

October 21, 2015 7:22 AM EDT

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.

... More

Susquehanna Downgrades VMware (VMW) to Neutral

October 21, 2015 7:21 AM EDT

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.

... More

VMware (VMW) Tops Q3 EPS by 2c

October 20, 2015 4:06 PM EDT

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