VMware Patches Vulnerability and 4 Chip and Big Data Stocks on the Move

QUALCOMM Incorporated (NASDAQ:QCOM): Piper Jaffray reissued their overweight rating on shares of QUALCOMM Incorporated in a research report released on Friday morning. Piper Jaffray currently has a $76.00 price target on the stock.

ARM Holdings PLC. (NASDAQ:ARMH) and Cadence Design Systems announced the tape-out of the first 14-nanometer test chip implementation of the high-performance ARM Cortex-A7 processor, the most energy-efficient applications processor from ARM. Designed with a complete Cadence RTL-to-signoff flow, the chip is the first to target Samsung’s 14-nanometer FinFET process, accelerating the continuing move to high-density, high-performance and ultra-low power SoCs for future smartphones, tablets, and all other advanced mobile devices.

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Rackspace Hosting, Inc. (NYSE:RAX): Red Hat has plans to support Rackspace Cloud in the near future, said Bryan Che, general manager of the cloud business unit.

EMC Corporation (NYSE:EMC) had their price target decreased by RBC Capital from $32.00 to $30.00 in a research report released on Friday morning. EMC Corporation currently has an outperform rating.

VMware, Inc. (NYSE:VMW) has advised their users that they have a patch for a security vulnerability in their View Desktop Virtualization platform that could have given an opening for an unauthenticated remote attacker to execute a directory traversal attack in order to retrieve random files from affected View Servers, potentially exposing sensitive information housed on the server.

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