BMO Capital Markets Raises VMware’s Price Target Despite Potential Downside

BMO Capital Markets Raises VMware’s Price Target Despite Potential Downside


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…



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