Brokerage Firm Rating on Vmware (VMW)

Vmware (VMW) : Zacks Investment Research ranks Vmware (VMW) as 2, which is a Buy recommendation. 7 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 20 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 30 research analysts is 2.48, which indicates as a Buy.

Vmware (VMW) : 20 Wall Street analysts covering Vmware (VMW) believe that the average level the stock could reach for the short term is $71.2. The maximum price target given is $85 and the minimum target for short term is around $56, hence the standard deviation is calculated at $7.92.


Company shares have received an average consensus rating of Hold for the current week Vmware (NYSE:VMW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $71.00 and $70.71 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $71.24. The buying momentum continued till the end and the stock did not give up its gains. It closed at $71.02, notching a gain of 0.42% for the day. The total traded volume was 1,217,545 . The stock had closed at $70.72 on the previous day.

In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (Sr. Vice President, CAO) of Vmware, Inc., Krysler P. Kevan had sold 6,988 shares worth of $505,931 in a transaction dated July 27, 2016. In this transaction, 6,988 shares were sold at $72.4 per share.

VMware, Inc. is a provider of virtualization infrastructure solutions. The Company develops and markets its product and service offerings within three product groups, which include software-defined data center (SDDC), hybrid cloud computing and end-user computing (EUC). The Companys SDDC is designed to transform the data center into an on-demand service that addresses application requirements by abstracting, pooling and automating the services that are required from the underlying hardware. The hybrid cloud computing enables customers to utilize off-premise vSphere-based hybrid cloud computing capacity. End-user computing enables information technology (IT) organizations to deliver secure access to data, applications and devices to end users.

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