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Notable Upgrades: VMware (VMW), Lululemon (LULU), XPO Logistics (XPO)

Analysts at Susquehanna are out with a report this morning upgrading shares of VMware, Inc. (VMW) with a ‘Positive’ from ‘Neutral’ rating. VMware Inc. shares are currently priced at 39.02x this year’s forecasted earnings, which makes them quite expensive compared to the industry’s 2.01x earnings multiple. Ticker has a forward P/E of 17.69 and t-12 […] View the full post at: Notable Upgrades: VMware (VMW), Lululemon (LULU), XPO Logistics (XPO) Related posts: Moody’s Upgrades (JAS, F, COT) VMware to Acquire Privately Held SpringSource for $420M Moody’s Upgrades Its Outlook on the Retail Sector
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