Oppenheimer Reiterates Outperform on BMC Software

Oppenheimer maintains its Outperform rating on BM Software

as the company looks to integrate with Cisco Network Services Management. Oppenheimer says, “On 12/7, BMC announced plans to support Cisco Network Services Manager across its cloud management product line, including BMC Network Automation and BMC Cloud Lifecycle Management. BMC and Cisco have a broader strategic alliance with more than 25 successful joint cloud customers, including Telstra, QTS and Harris Corp. BMC has had a history of early integration with Cisco products, including embedded support for the Cisco Unified Computing System platform.” BMC closed at $34.20 per share on Friday.