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VMware (VMW) PT Raised to $230.00 at Deutsche Bank

May 26, 2019 / William Eddington

VMware (NYSE:VMW) had its price target lifted by equities research analysts at Deutsche Bank from $215.00 to $230.00 in a research report issued to clients and investors on Wednesday, May 1st, The Fly reports. The firm currently has a “buy” rating on the virtualization software provider’s stock. Deutsche Bank’s price objective points to a potential upside of 16.17% from the stock’s previous close. A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of VMware from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. Oppenheimer boosted their target price on shares of VMware from $200.00 to $220.00 and gave the stock an “outperform” rating in a report on Monday, April 29th.