Goldman Sachs expects upside Q4 results from VMware (VMW +0.8%), reiterating its Conviction Buy...

|By:, SA News Editor

Goldman Sachs expects upside Q4 results from VMware (VMW +0.8%), reiterating its Conviction Buy rating and $125 price target ahead of the company's Jan. 23 report. The firm expects upside to license revenue, EPS and street bookings despite currency headwinds, believing deferred growth is underestimated by the Street. (submitted by Holly Thompson)