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Fly News Breaks for November 27, 2019
VMW
Nov 27, 2019 | 05:18 EDT
Jefferies analyst Brent Thill raised his price target for VMware to $190 from $180 saying the company reported better than expected fiscal Q3 results and modestly raised its fiscal year total revenue outlook. The analyst finds the sales at $10B-plus growing in the low double-digits "impressive." He thinks the stock can work "as leverage returns to the model over time" and keeps a Buy rating on VMware.
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