UBS Maintains Neutral on VMware, Raises Price Target to $161
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Karl Keirstead maintains a Neutral rating on VMware (NYSE:VMW) and raises the price target from $151 to $161.
June 02, 2023 | 11:01 am
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NEUTRAL IMPACT
UBS analyst Karl Keirstead maintains a Neutral rating on VMware and raises the price target from $151 to $161.
The news of UBS maintaining a Neutral rating on VMware and raising the price target from $151 to $161 indicates that the analyst sees potential for the stock price to increase, but not enough to change the overall rating. This may have a neutral impact on the stock price in the short term, as investors may see the increased price target as a positive sign, but the Neutral rating suggests that there may not be significant upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100