BMO Capital Maintains Market Perform on VMware, Raises Price Target to $140
Portfolio Pulse from jenniferd'souza@benzinga.com
BMO Capital analyst Keith Bachman maintains a Market Perform rating on VMware (NYSE:VMW) and raises the price target from $139 to $140.

June 07, 2023 | 12:00 pm
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BMO Capital maintains Market Perform rating on VMware and raises the price target from $139 to $140.
The news of BMO Capital maintaining a Market Perform rating on VMware and raising the price target from $139 to $140 indicates that the analyst sees potential for the stock price to increase. However, the Market Perform rating suggests that the stock is expected to perform in line with the market, which means the impact on the stock price in the short term is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100