VMware (VMW +1.4%) shares are lifted to Outperform at Pacific Crest with a price target of $100,...


VMware (VMW +1.4%) shares are lifted to Outperform at Pacific Crest with a price target of $100, as “general virtualization trends remain robust” despite the weak economy. VMW has room for increased penetration as its customers begin to transition their higher-value applications to virtualized infrastructures, the report says.

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