Monness, Crespi, Hardt Downgrades VMware (VMW) to Neutral
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Mizuho Securities Cuts Price Target on VMware (VMW) Following 3Q15 Results
October 21, 2015 10:42 AM EDTMizuho 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
BMO Capital Cuts Price Target as VMware (VMW) Tries to Sell Virtustream Assets
October 21, 2015 10:31 AM EDTBMO 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
VMware (VMW) Reports 3Q EPS of $1.02; Drexel Hamilton Reiterates Hold Rating
October 21, 2015 10:24 AM EDTDrexel 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
VMware (VMW) Tops Q3 EPS by 2c
October 20, 2015 4:06 PM EDTVMware (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
