Analysts fell to the sidelines weighing in on VMware (VMW – Research Report) and Dell Technologies (DELL – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
In a report released today, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on VMware, with a price target of $160.00. The company’s shares closed last Thursday at $160.34, close to its 52-week high of $161.95.
According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 26.2% and a 71.1% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Ping Identity Holding, CrowdStrike Holdings, and Palo Alto Networks.
VMware has an analyst consensus of Moderate Buy, with a price target consensus of $161.45, representing a 3.0% upside. In a report issued on April 8, Merrill Lynch also initiated coverage with a Hold rating on the stock with a $175.00 price target.
Dell Technologies (DELL)
In a report released today, Matthew Cabral from Credit Suisse maintained a Hold rating on Dell Technologies, with a price target of $95.00. The company’s shares closed last Thursday at $100.45.
According to TipRanks.com, Cabral is a 3-star analyst with an average return of 6.8% and a 66.1% success rate. Cabral covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and TELUS International (CDA).
Currently, the analyst consensus on Dell Technologies is a Strong Buy with an average price target of $105.54.
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