Barclays Raises Price Target for Cisco Systems to $50.00

Cisco Systems, a network equipment provider listed on NASDAQ under the ticker symbol CSCO, saw its target price raised by Barclays from $48.00 to $50.00. Other research firms, such as Bank of America, Morgan Stanley, StockNews.com, and Deutsche Bank Aktiengesellschaft, also provided positive ratings and price target increases for the company. Overall, the consensus rating … Read more

Morgan Stanley lifts Nutanix shares target, cites VMware deal as growth catalyst By Investing.com

Morgan Stanley lifts Nutanix shares target, cites VMware deal as growth catalyst By Investing.com

On Wednesday, Morgan Stanley maintained its Equalweight rating on shares of Nutanix (NASDAQ:), while increasing the price target to $63 from the previous $58. The firm’s analysis indicates that Nutanix could see a revenue growth boost of 2-5% in the coming years, attributed to the potential increased traction for the company following Broadcom (NASDAQ:)’s acquisition … Read more

Morgan Stanley lifts Nutanix shares target, cites VMware deal as growth catalyst By Investing.com

Morgan Stanley lifts Nutanix shares target, cites VMware deal as growth catalyst By Investing.com

On Wednesday, Morgan Stanley (NYSE:) maintained its Equalweight rating on shares of Nutanix (NASDAQ:), while increasing the price target to $63 from the previous $58. The firm’s analysis indicates that Nutanix could see a revenue growth boost of 2-5% in the coming years, attributed to the potential increased traction for the company following Broadcom (NASDAQ:)’s … Read more

Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity By Investing.com

Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity By Investing.com

© Reuters. Analysts raise Broadcom price target following VMware deal completion, BofA says genAI the most attractive opportunity Analysts at UBS and BofA raised their price targets for Broadcom (NASDAQ:) in research notes on Tuesday. BofA’s analysts lifted their firm’s price target for the stock to $1,200 from $1,050 per share, reiterating a Buy rating … Read more

VMware Reaches Analyst Target Price

VMware Reaches Analyst Target Price

In recent trading, shares of VMware Inc (Symbol: VMW) have crossed above the average analyst 12-month target price of $165.90, changing hands for $166.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher… Source link

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 … Read more

Analyst Raises Price Target for VMware Above Average Range

Analyst Raises Price Target for VMware Above Average Range

On September 1, 2023, Keith Bachman, an analyst at BMO Capital, expressed his positive outlook for VMware by maintaining a Market Perform rating and increasing the price target to $160. This revised price target surpasses the existing average price target range of $139 to $182, as reported by analysts surveyed by Capital IQ. VMW (VMware … Read more