VMware (VMW -1%) is holding up relatively well today, as FBR's Daniel Ives upgrades the company...

|By:, SA News Editor

VMware (VMW -1%) is holding up relatively well today, as FBR's Daniel Ives upgrades the company to Outperform and sets a $110 PT. Ives is positive on the latest version of VMware's vSphere platform, which improves the company's virtualization offerings and allows it to offer an integrated software "stack" for deploying cloud services.