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Enter Symbol:
Rating: VMW
Buy $70
down 27.00 %

VMWARE INC. (NYSE: VMW) reiterated to Buy with price target $70 by MKM Partners

Wednesday,  Jan 27, 2016  11:25 AM ET by Betsy O'Brien Harrison

MKM Partners reiterated VMWARE INC. (NYSE: VMW) to Buy with price target $70. Previously MKM Partners reiterated VMWARE INC. (NYSE: VMW) to Buy with price
target $75 on 12/02/2015, when the stock price was $61.70. Since then, VMWARE INC.'s stock price has lost 27% as of 01/27/2016's recent price of $45.28.
If you would have followed the previous MKM Partners's recommendation on VMW, you would have lost 27% of your investment in 56 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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