Share on StockTwits

A number of firms have modified their ratings and price targets on shares of VMware (NYSE: VMW) recently:

  • VMware was upgraded by analysts at Credit Agricole from an “underperform” rating to an “outperform” rating.
  • VMware is now covered by analysts at Summit Research Partners. They set a “hold” rating and a $100.00 price target on the stock.
  • VMware had its price target raised by analysts at UBS AG from $115.00 to $125.00. They now have a “buy” rating on the stock.
  • VMware had its “overweight” rating reaffirmed by analysts at Barclays. They now have a $114.00 price target on the stock, down previously from $117.00.
  • VMware had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $120.00 price target on the stock, down previously from $124.00.
  • VMware had its price target lowered by analysts at Jefferies Group from $124.00 to $115.00. They now have a “buy” rating on the stock.
  • VMware had its price target lowered by analysts at Janney Montgomery Scott from $130.00 to $125.00. They now have a “fair value” rating on the stock.
  • VMware had its “outperform” rating reaffirmed by analysts at Cowen and Company. They now have a $107.00 price target on the stock, down previously from $110.00.

VMware, Inc. (NYSE:VMW) opened at 95.53 on Thursday. VMware, Inc. has a 52-week low of $64.86 and a 52-week high of $112.89. The stock has a 50-day moving average of $105.4 and a 200-day moving average of $92.03. The company has a market cap of $41.153 billion and a price-to-earnings ratio of 44.94. VMware also saw some unusual options trading activity on Tuesday. Stock investors purchased 15,021 call options on the company. This is an increase of 610% compared to the typical volume of 2,116 call options.

VMware, Inc, is the provider of virtualization infrastructure solutions utilized by organizations to help transform the way they build, deliver and consume information technology (NYSE:VMW) resources.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.