Raymond James Reinstates Outperform on VMware, Announces $175 Price Target
Raymond James analyst Simon Leopold reinstates VMware (NYSE:VMW) with a Outperform and announces $175 price target.
Return On Capital Employed Overview: VMware
Looking at Q1, VMware (NYSE:VMW) earned $559.00 million, a 44.54% increase from the preceding quarter. VMware's sales decreased to $2.99 billion, a 9.11% change since Q4. In Q4, VMware earned $1.01 billion, and total sales reached $3.29 billion.
PreMarket Prep Stock Of The Day: Dell Technologies
The price action in Dell Technologies Inc (NYSE: DELL) following its first-quarter report makes Dell the PreMarket Prep Stock of the Day.
BMO Capital Maintains Market Perform on VMware, Raises Price Target to $175
BMO Capital analyst Keith Bachman maintains VMware (NYSE:VMW) with a Market Perform and raises the price target from $150 to $175.
Morgan Stanley Maintains Equal-Weight on VMware, Raises Price Target to $160
Morgan Stanley analyst Keith Weiss maintains VMware (NYSE:VMW) with a Equal-Weight and raises the price target from $156 to $160.
VMware: Q1 Earnings Insights
Shares of VMware (NYSE:VMW) moved lower in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share rose 15.79% year over year to $1.76, which beat the estimate of $1.73.
Earnings Scheduled For May 27, 2021
Companies Reporting Before The Bell
• Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.48 per share on revenue of $11.77 billion.
KeyBanc Maintains Overweight on VMware, Raises Price Target to $186
KeyBanc maintains VMware (NYSE:VMW) with a Overweight and raises the price target from $182 to $186.