In the past 3 months, 10 analysts have given their opinion on VMware stock (NYSE: VMW). Typically employed by major Wall Street banks, these analysts are tasked with understanding a company’s business in order to predict how a stock will trade in the year ahead.
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These 10 analysts have an average target price of $ 153.7 versus the current VMware price of $ 123.62, implying an uptrend.
Below is a summary of how these 10 analysts rated VMware over the past 3 months. The higher the number of bullish ratings, the more positive analysts are on the stock and the higher the number of bearish ratings, the more negative analysts are on the stock
This current average represents a 9.36% increase over the previous average price target of $ 169.57.
Analysts work in banks and financial systems and …