On September 4, 2023, BMO Capital Markets raised its price target for VMware (NYSE:VMW) from $140.00 to $160.00 in a research note, according to FlyOnTheWall reports. Despite the increased target price, BMO Capital Markets’ analysis suggests a potential downside of 3.80% from the stock’s current price.
In trading on Friday, VMW experienced a decline of $2.46 and closed at $166.32 per share. The stock had a volume of 698,512 shares traded, compared to its average daily volume of…