Nomura Upgrades VMware To Buy

Nomura upgraded VMware, Inc. VMW from Neutral to Buy. The price target for VMware is set to $95. VMware shares have dropped 22.72% over the past 52 weeks, while the S&P 500 index has surged 10.82% in the same period. VMware's shares jumped 0.31% to $80.61 in pre-market trading.