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Fly News Breaks for September 11, 2015
VMW
Sep 11, 2015 | 09:08 EDT
As previously reported, Susquehanna upgraded VMware to Positive from Neutral and increased its price target to $96 from $84. Analyst Derrick Wood views VMware's risk/reward as compelling at current levels given double digit organic revenue growth and several growth products in early adoption spanning new markets. Woods believes VMware is doing a good job fending off potential threats from open-source alternatives and thinks NSX/Network Virtualization is positioned to start driving meaningful revenues.
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