Vmware (VMW) : Zacks Investment Research ranks Vmware (VMW) as 2, which is a Buy recommendation. 8 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 18 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 29 research analysts is 2.4, which indicates as a Buy.
Vmware (VMW) : 19 investment research analysts covering Vmware (VMW) have an average price target of $75.21 for the near short term. The highest target price given by the Brokerage Firm to the stock is $92 and the lowest target is $65 for the short term. Analysts expect the variance to be within $7.79 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the SunTrust Robinson Humphrey upgrades the rating on Vmware (NYSE:VMW). The brokerage firm has issued a Buy rating on the shares. The shares were previously rated Neutral. The rating by the firm was issued on August 30, 2016.
Vmware (NYSE:VMW): stock was range-bound between the intraday low of $71.81 and the intraday high of $74.49 after having opened at $73.28 on Wednesdays session. The stock finally closed in the red at $73.28, a loss of -0.86%. The stock remained in the red for the whole trading day. The total traded volume was 7,486,471 shares. The stock failed to cross $74.49 in Wednesdays trading. The stocks closing price on Thursday was $73.39.
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.