Deutsche Bank Maintains Buy on VMware

Deutsche Bank is out with its report today on VMware VMW, maintaining Buy. In a note to clients, Deutsche Bank writes, "VMware today released vSphere 5. It includes features and enhancements designed to increase the range of applications that can be virtualized. Caps on various resources have been raised and new features that improve performance have been added, allowing customers to virtualize larger, critical workloads. Licensing policy has changed with the restriction on number of cores/CPU and RAM per host eliminated. We believe the new features and enhancements expand the opportunity for VMW and widen its competitive lead. Maintain BUY & $135 PT." At the time of posting, shares of VMW were trading pre-market at $101.00, up 0.60% from Tuesday's close.