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UPDATE: Bank of America Raises PT on VMware to $128 from $108
Wednesday, July 20, 2011 - 7:21am | 194Bank of America has published a report on VMware Inc. (NYSE: VMW) raising the price target to $128 from $108. In the report, Bank of America wrote, "VMW raised C11 rev guide to $3.65-3.75bn (+28-31% y/y) up from 26%, in line with our preview. We think it is conservative and dials in items that...
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Wunderlich Securities Reiterates Hold and PT of $95 on VMware
Wednesday, July 20, 2011 - 6:50am | 60Wunderlich Securities reiterated its Hold rating on VMware (NYSE: VMW). At the same time, the rating agency left its price target on the company's stock unchanged at $95. On Tuesday, VMW added 5.2% to its value to finish the day at $106.02. Its shares continued to climb in today's pre-market...
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Morgan Stanley Raises PT On VMware To $125
Wednesday, July 20, 2011 - 6:49am | 26Morgan Stanley has raised the price target on VMware (NYSE: VMW) from $114 to $125 and maintains its Overweight rating.
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Oppenheimer Has Perform On VMware
Wednesday, July 20, 2011 - 6:49am | 144Oppenheimer & Co. is out with a research report on VMware (NYSE: VMW) after it reported earnings. It has a Perform rating on shares. In a note to clients, Oppenheimer & Co. writes, "VMW reported stellar 2Q results, with upside on all metrics driven by strong market demand. During the...
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Goldman Sachs Raises PT On VMware To $140
Wednesday, July 20, 2011 - 5:48am | 26Goldman Sachs has raised the price target on VMware (NYSE: VMW) from $130 to $140 and maintains its Buy rating.
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Citigroup Raises PT on VMware To $108
Wednesday, July 20, 2011 - 5:32am | 25Citigroup has raised the price target on VMware (NYSE: VMW) from $92 to $108 and maintains its Hold rating.
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JP Morgan Raises PT On VMware To $85
Wednesday, July 20, 2011 - 5:27am | 26JP Morgan has raised the price target on VMware (NYSE: VMW) from $80 to $85 and maintains its Neutral rating.
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Bank of America Raises PO On VMware To $128
Wednesday, July 20, 2011 - 4:58am | 27Bank of America has raised the price objective on VMware (NYSE: VMW) from $108 to $128 and maintains its Buy rating.
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Stocks to Watch for Wednesday 7/20/2011: Fresh 52 Week Highs and Lows
Wednesday, July 20, 2011 - 12:51am | 3102Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to lowest): 1) Apple (NASDAQ: AAPL): Shares of Apple...
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Malus domestica Produces 07-19-2011
Tuesday, July 19, 2011 - 5:41pm | 973Cusick's Corner AAPL: in the infamous words of Harry Caray, "Holy Cow!" The large cap Tech company blew earnings away and still led with conservative guidance, no surprise, into Q3. While the NASDAQ futures popped, the S&Ps have muted reaction to the After Hours news, further stressing that...
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VMWare Earnings: Higher-Than-Expected Net Income
Tuesday, July 19, 2011 - 4:15pm | 402VMWare (VMW) topped analyst expectations for the most recent quarter. To figure out why, let's first dig into the numbers. Then we can look a bit deeper and see what action you can take. The Big Numbers: Investors cheered VMWare's latest numbers as the company reported EPS and revenues that topped...
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Technology Companies Outshine Among Large Cap Growth Stocks
Tuesday, July 19, 2011 - 3:43pm | 97Large technology companies such as those in Nasdaq 100 (QQQ) (COMP) have been doing exceptionally well in the past five years. They out performed large[...more...] (COMP) (QQQQ) (AAPL) (ORCL) (MSFT) (GOOG) (INTC) (CSCO) (AMZN) (...
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VMware Rallies on Q2 Earnings Results
Tuesday, July 19, 2011 - 3:29pm | 221Shares of VMware (NYSE: VMW) are jumping higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 4.23%, trading at $110.50; they closed the regular session higher by 5.20%, at $106.02. VMware said that Q2 EPS came in at $0.51 on...
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Cloud Talk: VMWare (VMW) Good - Riverbed Technology (RVBD) Bad
Tuesday, July 19, 2011 - 3:29pm | 762Two key names in the 'cloud' space (VMWare more than Riverbed which is more of a networking stocks) reported this afternoon. VMWare (VMW) has pleased the Street on first glance, while Riverbed Tech (RVBD) has been taken behind the barn to be shot. First VMWare, up about 10% as I type this in...
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F5 Networks Sells Off On VMWare Earnings
Tuesday, July 19, 2011 - 3:21pm | 47F5 Networks, Inc. (NASDAQ: FFIV) shares are falling after VMware (NYSE: VMW) reported earnings tonight that beat Wall Street expectations. At last check, F5 shares were off $5.15 to $113.50, a loss of 4.34%.