VMware, Inc. (NYSE: VMW) hit a new 52-week high on Friday after Mizuho raised its target price for the stock from $ 147.00 to $ 160.00. Mizuho currently has a neutral rating for the stock. VMware traded up to $ 164.37 and most recently at $ 164.37 with a volume of 32,984 shares traded. The stock previously closed at $ 160.08.
Several other research analysts have also released reports on the company. William Blair downgraded VMware from an “Outperform” rating to a “Market Perform” rating in a research report on Wednesday January 13th. Cleveland Research lowered VMware from a “buy” rating to a “neutral” rating in a research note on Thursday, February 11th. Zacks Investment Research upgraded VMware shares from a “sell” rating to a “hold” rating and issued a research note on Thursday, March 4th, setting a price target of $ 146.00 for the stock. The UBS Group lowered its target price for VMware from USD 152.00 to USD 145.00 and in a report on Thursday, January 14th, set a “neutral” rating for the company.