Needham Downgrades VMware To Hold

Analysts at Needham downgraded

from Buy to Hold and removed the price target of $110.00. VMware shares have dropped 17.31% over the past 52 weeks, while the S&P 500 index has surged 11.59% in the same period. VMware's shares rose 0.92% to $75.75 in after-hours trading.