Psagot Investment House Ltd. Acquires 115 Shares of VMware, Inc. (NYSE:VMW)
Summary
Psagot Investment House Ltd. boosted its position in shares of VMware, Inc. (NYSE:VMW) by 9.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. BMO Capital Markets increased their target price on VMware from $160.00 to $192.00 and gave the company an “outperform” rating in a report on Wednesday, November 27th. Finally, Morgan Stanley reiterated a “hold” rating and set a $170.00 price objective on shares of VMware in a report on Friday, November 22nd. VMware, Inc provides software in the areas of hybrid cloud, multi-cloud, modern applications, networking and security, and digital workspaces in the United States and internationally. The company offers compute products, including VMware vSphere, a data center platform, which enables users to deploy hypervisor, a layer of software that resides between the operating system and system hardware to enable compute virtualization; and cloud management products for businesses with automated operation, programmable provisioning, and application monitoring solutions.