VMware is a Hold and 1 Initiated Stock to Track

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future clients. In addition, Wall Street analysts are straight-up biased to the buy side. The percentage of sell recommendations is normally below 15 percent!

Regardless, upgrades and downgrades move stocks in the short-term. They fall into our CHEAT SHEET framework category ‘C = Catalyst for a Stock’s Movement’. Here are catalysts you must know today:

VMware (NYSE:VMW): Closing price $71.87

The firm saw its coverage by Stifel Nicolaus begun with a Hold, as the analyst believees that 2013 will be a transition year for the company.

The stock market is roaring back in 2013. Click here now to discover winning stocks!

vmw

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business