VMware (VMW) Tops Q1 EPS by 4c, Revs Beat

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VMware (VMW) PT Raised to $113 at Drexel Hamilton Following 1Q Beat

June 2, 2017 9:24 AM EDT

Drexel Hamilton raised its price target on VMware (NYSE: VMW) to $113.00 (from $105.00) while maintaining a Buy rating. VMware reported 1Q revenue of $1.736 billion that beat the Street at $1.710 billion. Pro forma EPS of $0.99 exceeded the Street's $0.96.

Looking into 2Q, VMware expects revenue of $1.84-1.89... More

VMware (VMW) PT Raised to $107 at Morgan Stanley

June 2, 2017 9:01 AM EDT

Morgan Stanley raised its price target on VMware (NYSE: VMW) to $107.00 (from $100.00) while maintaining a Overweight rating.

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VMware (VMW) Q2 Guidance Tops Views

June 1, 2017 5:29 PM EDT

VMware (NYSE: VMW) sees Q2 EPS of $1.11-$1.14 vs $1.10 consensus. It sees sales of $1.84-$1.89 billion vs consensus of $1.81 billion.

It sees FY EPS of $4.91 vs $4.90 consensus and revenue of $7.61 billion vs $7.61 billion consensus.

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