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Oppenheimer Reiterates Outperform on BMC Software

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Oppenheimer maintains its Outperform rating on BM Software (NASDAQ: BMC) 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.

Posted-In: OppenheimerAnalyst Color Reiteration Analyst Ratings

 

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