Mizuho raised the firm’s price target on VMware (VMW) to $165 from $158 and keeps a Neutral rating on the shares post the fiscal Q2 report. The firm’s price target assumes the takeout by Broadcom (AVGO) closes under the expected timeframe without any notable issues.
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Read More on VMW:
- VMware reports Q2 adjusted EPS $1.83, consensus $1.71
- VMware options imply 2.4% move in share price post-earnings
- Notable companies reporting after market close
- Options Volatility and Implied Earnings Moves Today, August 31, 2023
- VMW Upcoming Earnings Report: What to Expect?
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