UPDATE: Credit Suisse Lowers PT on VMware Following Q1 Results
April 24, 2013 at 10:39 AM EDT
In a report published Wednesday, Credit Suisse analyst Philip Winslow reiterated an Outperform rating on VMware (NYSE: VMW ), but lowered the price target from $110.00 to $100.00. In the report, Winslow noted, “In the face of difficult macroeconomic headwinds, VMware reported March quarter revenue, operating income, EPS, and deferred