SunTrust Robinson Humphrey Initiates VMware At Buy

Analysts at SunTrust Robinson Humphrey initiated coverage on

with a Buy rating. The target price for VMware is set to $95. VMware shares have dropped 5.96 percent over the past 52 weeks, while the S&P 500 index has surged 10.86 percent in the same period. VMware shares fell 1.14 percent to close at $88.10 yesterday.