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Wednesday, 10/22/2014 8:13:35 AM

Wednesday, October 22, 2014 8:13:35 AM

Post# of 365647
VMW

VMware price target lowered to $106 from $125 at UBS
UBS lowered its price target on VMware to $106 from $125 following the company's Q3 results. The firm saw a slippage of mega deals and some weakness overseas due to macro conditions. UBS believes the stock is in a near-term holding pattern and so lowered its estimates and price target based on lower multiple expectations. UBS maintains its Buy rating on VMware shares

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