JP Morgan Reiterates Underweight and PT of $35 on BMC Software

JP Morgan reiterated its Underweight rating on BMC Software BMC. At the same time, the rating agency left its price target on the company's stock unchanged at $35. On Wednesday, BMC closed the day at $48.89. Its shares lost 4.89% of their value in today's pre-market trading to stand around $46.50.