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VMware, Inc. Message Board

  • prostock151 prostock151 Jun 4, 2013 3:25 PM Flag

    ISI Group Upgrade VMC to Strong Buy --But I am still worried this will tank to 60-

    Mar 26, 2013 ISI Group Upgrade Buy Strong Buy
    Mar 13, 2013 RBC Capital Mkts Upgrade Sector Perform Outperform

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    • Those upgrades are almost 3 months old - they are meaningless at this point in time.

      You watch - both of them are going to downgrade shortly. They'll both concoct some reasons to justify their change of direction. But, both of them are so wrong at this point, they can't leave those ratings in place because it will take ages for the stock to recover to where they have their price targets - even if everything they've previously said is entirely correct.

      They will downgrade, reset the targets drastically lower so when things do turn they will look good.

      It's just a game and this is how they play.

98.61+1.11(+1.14%)Jul 29 4:03 PMEDT

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