VMware (VMW) weekly option implied volatility elevated into Q1

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VMware (VMW) PT Raised to $150 at Morgan Stanley Following 1Q Report

June 1, 2018 7:25 AM EDT

Morgan Stanley raised its price target on VMware (NYSE: VMW) to $150.00 (from $143.00) while maintaining a Overweight rating following the company's 1Q earnings report. Total billings growth accelerating to 17% YoY, well exceeding consensus expectations for 8% YoY growth. EPS of $1.26 grew 18% YoY and beat consensus by $0.12.... More