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Rating: VMW
Buy $75
down 12.00 %

VMWARE INC. (NYSE: VMW) reiterated to Buy with price target $75 by MKM Partners

Wednesday,  Dec 2, 2015  11:25 AM ET by Lynn Gilbert

MKM Partners reiterated VMWARE INC. (NYSE: VMW) to Buy with price target $75. Previously, MKM Partners rated VMWARE INC. (NYSE: VMW) to Buy with price
target $90 on 10/12/2015, when the stock price was valued at $70.46. Since then, VMWARE INC.'s stock price has lost 12% as of 12/02/2015's recent price of $61.70.
If you had followed MKM Partners's previous recommendation on VMW, you would have lost 12% of your investment in 51 days.

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.

MKM Partners LLC is an institutional equity trading and research firm. MKM Partners has extensive experience in the agency execution of U.S. and international equity orders. We provide clients with timely and unbiased economic, technical, and fundamental research.



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