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Fly News Breaks for November 30, 2018
VMW
Nov 30, 2018 | 07:17 EDT
JPMorgan analyst Mark Murphy raised his price target for VMware to $194 saying the company last night delivered a "strong" Q3 and provided preliminary fiscal 2020 revenue guidance calling for 12% growth, "far above" consensus calling for 8.3% growth. This likely provide a "wake-up call about the trajectory of the business," Murphy tells investors in a research note. The analyst keeps an Overweight rating on VMware.
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