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Enter Symbol:
Rating: VMW
Outperform $78

VMWARE INC. (NYSE: VMW) reiterated to Outperform with price target $78 by Oppenheimer

Wednesday,  Oct 21, 2015  9:25 AM ET by Betsy O'Brien Harrison

Oppenheimer reiterated VMWARE INC. (NYSE: VMW) to Outperform with price target
$78. Previously Oppenheimer reiterated VMWARE INC. (NYSE: VMW) to Outperform with price target $95 on 07/22/2015, when the stock price was $83.68.

VMware, Inc. is a provider of virtualization solutions from the desktop to the data center. The Company?s suite of virtualization solutions addresses a range of information technology (IT) problems that include cost and operational inefficiencies, business continuity, software lifecycle management and desktop management. It works closely with over 900 technology partners, including server, microprocessor, storage, networking and software vendors. In November 2008, VMware, Inc. bought Trango Virtual Processors, which specializes in virtualization software for mobile phones, which allows a single phone to run multiple operating systems. In September 2009, the Company announced the completion of its acquisition of SpringSource, an enterprise and web application development and management.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.

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