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Fly News Breaks for February 28, 2020
VMW
Feb 28, 2020 | 07:12 EDT
Mizuho analyst Gregg Moskowitz lowered the firm's price target on VMware to $147 from $165 and keeps a Neutral rating on the shares. The company's Q4 results were lower than the analyst had expected. He says that while the valuation has become "quite reasonable," he's not yet confident VMware will execute smoothly going forward.
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