Are Analysts Bullish VMware, Inc. (NYSE:VMW) After Last Week?

December 7, 2017 - By Richard Conner

 Are Analysts Bullish VMware, Inc. (NYSE:VMW) After Last Week?
Investors sentiment decreased to 1.21 in 2017 Q2. Its down 0.33, from 1.54 in 2017Q1. It dropped, as 45 investors sold VMware, Inc. shares while 123 reduced holdings. 60 funds opened positions while 143 raised stakes. 86.40 million shares or 2.10% more from 84.63 million shares in 2017Q1 were reported.
1St Advisors Inc invested in 0.1% or 10,021 shares. Livforsakringsbolaget Skandia Omsesidigt stated it has 23,909 shares. Oakworth reported 0% of its portfolio in VMware, Inc. (NYSE:VMW). Nelson Roberts Invest Limited Com owns 70 shares. Credit Suisse Ag invested 0.05% of its portfolio in VMware, Inc. (NYSE:VMW). Atria Invests Ltd invested in 5,362 shares. Acadian Asset Management Lc stated it has 0.01% in VMware, Inc. (NYSE:VMW). Meiji Yasuda Asset Mngmt Ltd holds 0.14% or 15,206 shares. Alexandria Ltd Llc invested 0% in VMware, Inc. (NYSE:VMW). Principal Financial Group Incorporated has invested 0.02% in VMware, Inc. (NYSE:VMW). France-based Bnp Paribas Asset Mgmt Hldgs Sa has invested 0.05% in VMware, Inc. (NYSE:VMW). Sg Americas Securities Limited Liability Company invested 0.06% in VMware, Inc. (NYSE:VMW). Putnam Invs Limited Liability Company owns 135,283 shares. Numeric Invsts Ltd Com, a Massachusetts-based fund reported 19,500 shares. Private Advisor Group Inc Llc holds 2,517 shares or 0.01% of its portfolio.

VMware, Inc. (NYSE:VMW) Ratings Coverage

Among 46 analysts covering VMware Inc (NYSE:VMW), 20 have Buy rating, 0 Sell and 26 Hold. Therefore 43% are positive. VMware Inc had 156 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Hold” rating by BMO Capital Markets on Tuesday, September 1. The rating was maintained by M Partners with “Buy” on Wednesday, December 2. Evercore reinitiated the stock with “Hold” rating in Monday, October 31 report. BMO Capital Markets maintained it with “Hold” rating and $11000 target in Monday, August 14 report. Raymond James maintained VMware, Inc. (NYSE:VMW) on Friday, December 1 with “Buy” rating. Jefferies maintained the stock with “Buy” rating in Friday, August 25 report. The firm has “Buy” rating by Drexel Hamilton given on Friday, April 7. The rating was maintained by Morgan Stanley with “Overweight” on Friday, August 25. The company was upgraded on Tuesday, October 27 by Drexel Hamilton. On Sunday, September 6 the stock rating was maintained by William Blair with “Market Perform”. Below is a list of VMware, Inc. (NYSE:VMW) latest ratings and price target changes.

01/12/2017 Broker: Raymond James Rating: Buy New Target: $135.0 Maintain
01/12/2017 Broker: Oppenheimer Rating: Outperform Old Target: $120.00 New Target: $135.00 Maintain
01/12/2017 Broker: Stifel Nicolaus Rating: Buy Old Target: $150.00 New Target: $152.00 Maintain
01/12/2017 Broker: Barclays Capital Rating: Buy New Target: $145.0 Maintain
01/12/2017 Broker: Cowen & Co Rating: Hold New Target: $130.0 Maintain
01/12/2017 Broker: Gabelli Old Rating: Buy New Rating: Hold Downgrade
01/12/2017 Broker: Drexel Hamilton Old Rating: Buy New Rating: Hold Downgrade
01/12/2017 Broker: BMO Capital Markets Old Rating: Market Perform New Rating: Outperform Old Target: $114 Upgrade
01/12/2017 Broker: Deutsche Bank Rating: Buy New Target: $145.0 Maintain
30/11/2017 Broker: Jefferies Rating: Buy New Target: $140.0 Maintain

The stock increased 0.47% or $0.55 during the last trading session, reaching $117.22. About 2.31 million shares traded or 21.04% up from the average. VMware, Inc. (NYSE:VMW) has risen 57.35% since December 7, 2016 and is uptrending. It has outperformed by 40.65% the S&P500.

VMware, Inc. provides virtualization and cloud infrastructure solutions in the United States and internationally. The company has market cap of $47.34 billion. The Company’s virtualization infrastructure solutions includes a suite of services and products designed to deliver a software-defined data center, run on industry-standard desktop computers, servers, and mobile devices; and supports a range of operating system and application environments, as well as networking and storage infrastructures. It has a 42.2 P/E ratio. The firm offers VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; storage and availability products that provide data storage and protection options; network and security products; and management and automation products to manage and automate overarching IT processes involved in provisioning IT services and resources to users from initial infrastructure deployment to retirement.

More notable recent VMware, Inc. (NYSE:VMW) news were published by: Nasdaq.com which released: “VMware Inc. Q3 Profit Advances 14%” on November 30, 2017, also Nasdaq.com with their article: “Earnings Reaction History: VMware, Inc., 63.6% Follow-Through Indicator, 7.3 …” published on November 30, 2017, Seekingalpha.com published: “VMware: Stellar Q3 Means The Growth Is Likely To Continue” on December 02, 2017. More interesting news about VMware, Inc. (NYSE:VMW) were released by: Marketwired.com and their article: “VMware and Carbon Black Fundamentally Transform Current Approaches to Data …” published on December 07, 2017 as well as Seekingalpha.com‘s news article titled: “VMware: Discovering Growth Again” with publication date: November 27, 2017.

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