VMware (NYSE: VMW)The “neutral” rating of the stock was confirmed by research analysts of the Bank of America in a report published on Wednesday, reports Benzinga. They currently have a target price of $ 175.00 on the stock of the virtualization software provider. Bank of America’s price target suggests a potential 13.34% gain over the stock’s last closing price.

A number of other brokers recently charged VMW as well. Cleveland Research downgraded VMware shares from a “buy” rating to a “neutral” rating in a research note on Thursday, February 11th. The UBS Group has lowered its price target for VMware shares from USD 152.00 to USD 145.00 and in a report on Thursday, January 14th, set a “neutral” rating for the share. William Blair, in a report on Wednesday January 13th, downgraded VMware’s shares from an “Outperform” rating to a “Market Perform” rating. Zacks Investment Research has upgraded VMware shares from a “Sell” rating to a “Hold” rating, and issued a research advisory on …


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