VMware

Wunderlich Securities is initiating coverage on VMware (NYSE: VMW) with a Hold rating and an $80 price target. In a note to clients, Wunderlich writes, "We believe a potential deceleration in the company's rate of revenue growth in 2011 and planned reductions in the pace of margin leverage as the...

VMware, Inc.'s (NYSE: VMW) F3Q10 revenues of $714m (+46% y/y) and EPS of $0.39 are ahead of Deutsche Bank and consensus expectations of $698m and $0.35. “License revenues of $343m (+43% y/y) beat expectations of $325m,” Deutsche Bank writes. “Deferred revenues at $1.51b missed expectations of $1....

VMware, Inc. (NYSE: VMW) exceeded 3Q earnings expectations and gave 4Q guidance ahead of expectations with a favorable outlook for 2011, J.P. Morgan reports. However, 3Q bookings declined sequentially and were likely below expectations, as was cash flow. “While strong 4Q guidance should help offset...

VMware, Inc. (NYSE: VMW) experienced high levels of prepayments and weak growth in its 3Q, eliciting a 5% decrease in billings q/q which could drive shares lower and lead to an even more disappointing CF, according to Jefferies. In its research report, Jefferies writes "Revenue/pf EPS of $714mm/39c...

Citigroup has issued a research report on VMware, Inc. (NYSE: VMW) following meetings with VMware partners in Europe, where business trends are believed to remain very strong. In the report, Citigroup writes "After meeting with a number of VMware partners at VMworld Europe this week we believe...

FBR Capital Markets has initiated coverage for the following companies: Market Perform: Cloud Peak Energy (NYSE: CLD) $21 price target VMware (NYSE: VMW) $82 price target Outperform: Tsakos Energy (NYSE: TNP) $18 price target ViewPoint Financial (NASDAQ: VPFG) $12 price target

Red Hat, Inc. (NYSE: RHT) was named by the Wall Street Journal yesterday to be one of the potential purchasers of Novell, which the New York Post announced would sell itself in two parts; Linux will go to a strategic buyer and the remainder will be sold to private equity, Jefferies reports. The...

VMware, Inc. (NYSE: VMW) had Day 1 of WMworld attended by Goldman Sachs' staff, and key takeaways were the following: Goldman Sachs believes that VMware has improved its position as a public cloud platform, thanks to its new infrastructure stack for hybrid (internal + external) clouds. VMworld's...