UPDATE: Oppenheimer Cuts PT to $100 on VMware on Disappointing Outlook
Oppenheimer reiterated its Outperform rating on VMware (NYSE: VMW ) and lowered the price target from $110.00 to $100.00. Oppenheimer noted, "VMW delivered a solid 4Q12 but issued below Street FY13 outlook, and announced a two-tiered realignment plan to allocate necessary resources to core areas such as SDDC, cloud,
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