VMware's (VMW) Offers Mixed Q4 Guidance
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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
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
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
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
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.
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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.
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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
