VMware Reports Fiscal Year 2020 First Quarter Results

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VMware (VMW) PT Raised to $206 at Raymond James

May 31, 2019 7:24 AM EDT

Raymond James analyst Michael Turits raised the price target on VMware (NYSE: VMW) to $206.00 (from $196.00) while maintaining an Outperform rating.

solid F1Q20 report that beat strongly on billings and modestly on revenues.

Management maintained rather than raisedF20 guidance,... More