Piper Jaffray began covering shares of VMware on Tuesday with an overweight rating.
Kim Kulish | Corbis News | Getty Imageson Tuesday with an overweight rating, saying the cloud computing company is a best in class 'hybrid monster' whose stock will climb more than 13% from here.
Hybrid cloud computing is a subset of the broader information technology sector. Hybrid cloud companies bridge the gap between a private, locally-based cloud system and a public, third-party cloud service.
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