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Fly News Breaks for March 2, 2018
DVMT, VMW
Mar 2, 2018 | 05:37 EDT
Stifel analyst Brad Reback downgraded VMware (VMW) to Hold from Buy and lowered his price target for the shares to $135 from $152. The analyst sees "too much uncertainty" as parent Dell Technologies (DVMT) evaluates "potential business opportunities." He believes, however, that VMware continues to execute well following its "strong" Q4 results.
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