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 19 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 29 research analysts is 2.47, which indicates as a Buy.
Vmware (VMW) : The most positive equity analysts on Vmware (VMW) expects the shares to touch $85, whereas, the least positive believes that the stock will trade at $61 in the short term. The company is covered by 19 Wall Street Brokerage Firms. The average price target for shares are $72.9 with an expected fluctuation of $7.58 from the mean.
Shares of VMware, Inc. rose by 5.3% in the last five trading days and 2.9% for the last 4 weeks. VMware, Inc. is up 23.96% in the last 3-month period. Year-to-Date the stock performance stands at 31.8%. Vmware (NYSE:VMW): stock turned positive on Tuesday. Though the stock opened at $73.17, the bulls momentum made the stock top out at $74.59 level for the day. The stock recorded a low of $72.68 and closed the trading day at $74.56, in the green by 2.03%. The total traded volume for the day was 2,506,915. The stock had closed at $73.08 in the previous days trading.
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.