This morning, several brokerages put out research calls on VMware (VMW), the immensely popular EMC (EMC) spin-out.
UBS started the company as a "buy". Bank of America started VMW at "neutral" with a &75 price target.
Wachovia began VMW as "market perform". Citi started the company as a "buy" with a $100 price target. Deutsche Bank started it as "hold". Credit Suisse began coverage with "neutral" and an $85 price target.
Merrill started the company as "neutral." JP Morgan opened coverage with an "overweight": rating.
VMW currently trades just below $80, and is up about 55% since its IPO.