Bank of America Reiterates Buy and PT of $108 on VMware

Bank of America reiterated its Buy rating on VMware VMW. At the same time, the rating agency left its price target on the company's stock unchanged at $108. On Wednesday, VMware added 2.63% to its value to end the day at $103.93. Its shares lost some of yesterday's gains in today's pre-market trading, however, after falling 0.13% to $103.80.