Market Overview

Credit Suisse Adds VMware to Focus List

Share:
Related VMW
Cognizant Shares Rally Amid Activist Letter; How Is Elliott's Track Record?
Chowdhry: Cisco Is Just Another Victim Of Amazon's Superclouds

On Wednesday, Credit Suisse added VMware (NYSE: VMW) to the U.S. focus list and maintained an Outperform rating and $130 price target.

The firm believes VMware “maintains a dominant competitive position in the server hypervisor market that [is] highly defensible.”

“Hypervisor is squarely positioned at the critical intersection of several inter-dependent domains: virtual machines, virtual networks, the physical network, and storage access,” said Credit Suisse.

Shares of VMware are up 3.1 percent to $107. Credit Suisse's $130 price target is 21 percent above current levels.

Latest Ratings for VMW

DateFirmActionFromTo
Nov 2016Bank of AmericaDowngradesBuyNeutral
Nov 2016Raymond JamesUpgradesMarket PerformOutperform
Nov 2016Summit Redstone PartnersUpgradesHoldBuy

View More Analyst Ratings for VMW
View the Latest Analyst Ratings

Posted-In: Credit SuisseAnalyst Color Analyst Ratings

 

Related Articles (VMW)

View Comments and Join the Discussion!