UPDATE: FBN Securities Upgrades VMware Ahead of New Product Launches
October 03, 2013 at 10:52 AM EDT
In a report published Thursday, FBN Securities analyst Shebly Seyrafi upgraded the rating on VMware (NYSE: VMW ) from Sector Perform to Outperform, and raised the price target from $90.00 to $100.00. In the report, FBN Securities noted, “We are upgrading shares of VMW from Sector Perform to Outperform and