VMware Enables Communications Service Providers to Chart Their Course to 5G

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VMware (VMW) PT Raised to $124 at Bernstein

March 2, 2018 8:14 AM UTC

Bernstein raised its price target on VMware (NYSE: VMW) to $124.00 (from $115.00) while maintaining a Market Perform rating following the company's 4Q. Revenue of $2.3B beat consensus by 2.0%, growing 14% YoY. Operating margins were 40 bps higher than consensus, leading to a $0.05 beat in Adjusted... More