VMware (VMW) Tops Q3 EPS by 4c

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Go back to VMware (VMW) Tops Q3 EPS by 4c

Drexel Hamilton Raises Price Target on VMware (VMW) Following 3Q

October 27, 2016 8:27 AM EDT

Drexel Hamilton reiterated a Buy rating on VMware (NYSE: VMW), and raised the price target to $90.00 (from $85.00), following the company's 3Q earnings report. VMware reported non-GAAP sales of $1.778 billion that beat the Street at $1.763 billion. Pro forma EPS of $1.14 beat the Street's $1.10. Management expects 4Q... More

Jefferies Raises Price Target on VMware (VMW) to $91 Following Better Than Expected 3Q

October 27, 2016 7:31 AM EDT

Jefferies reiterated a Buy rating on VMware (NYSE: VMW), and raised the price target to $91.00 (from $89.00), following the company's 3Q earnings report. Non-GAAP EPS of $1.14 on total revenue of $1.778B and license of $691M exceeded consensus of $1.10, $1.763B, and $685M, respectively. Also, both total and... More