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Fly News Breaks for October 21, 2015
VMW
Oct 21, 2015 | 05:58 EDT
Jefferies analysts John DiFucci and Brad Zelnick cut their price target for VMware to $83 saying the company's earnings call "call felt more like rain on game day." The company reduced guidance for 2015 and gave initial forecasts for 2016 that were below estimates across all metrics, the analysts tells investors in a post-earnings research note. They keep a Buy rating on VMware.
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