Morgan Stanley Sees Support for More Positive View on VMware

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In a report published Thursday, Morgan Stanley analyst Keith Weiss reiterated an Equal-Weight rating on

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VMware

(NYSE: VMW).In the report, Morgan Stanley noted, “Our annual virtualization survey, combined with granular model work and a wide range of conversations, drives our more favorable view on accelerating growth in 2014. With increased confidence in growth, we are taking our 12-month base case for VMW up to $125 framing a more attractive risk/reward perspective on the shares.”VMware closed on Wednesday at $106.40.