VMware Jumps 6% on Higher Forecast:…

VMware Jumps 6% on Higher Forecast: ‘High-Quality Results,’ Says FBN

VMware Jumps 6% on Higher Forecast:…

Shares of software pioneer VMware jumped 6% after the company raised its financial outlook, and analyst Shebly Seyrafi of FBN suggests multiple things that are going right for the company, as he raises his price target to $115. VMware also announced a billion dollars in additional planned share buybacks.


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