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VMware (NYSE:VMW) was downgraded by investment firm Monness, Crespi, Hardt on Monday as the deal to be acquired by Broadcom (NASDAQ:AVGO) looks to be in the “home stretch.”
Analyst Brian White moved his rating on VMware (VMW) shares to neutral from buy, noting that the deal received final approval from the U.K.’s antitrust regulator and the U.S. has not challenged the deal, paving the path for the deal to close.
Broadcom (AVGO), which…