Piper Jaffray Reiterates Neutral on VMware Following Muted Q3 Results
October 10, 2013 at 11:35 AM EDT
In a report published Thursday, Piper Jaffray analyst Mark R. Murphy reiterated a Neutral rating and $87.00 price target on VMware (NYSE: VMW ). In the report, Piper Jaffray noted, “VMware competitor Citrix announced preliminary Q3 results, guiding revenue and earnings below expectations. As a reminder, our recent work has