UPDATE: Citi Upgrades VMware
January 16, 2014 at 10:20 AM EST
In a report published Thursday, Citi analyst Walter Pritchard upgraded VMware (NYSE: VMW ) to Buy from Neutral, raising its price target to $120.00 from $87.00. According to the report, the upgrade follows a stable, upward bias to estimates and unassuming valuation leave a good set-up, even though stock
