Wunderlich lifts its rating on VMware (VMW +3%) to Buy with a $95 price target, seeing the stock...

|By:, SA News Editor

Wunderlich lifts its rating on VMware (VMW +3%) to Buy with a $95 price target, seeing the stock attractively valued after its pullback on Oracle's results. Despite constrained IT budgets and other short-term headwinds, VMW is "a fundamental technology behind the current market transition to a utility IT infrastructure."