VMware (VMW) is upgraded to OVERWEIGHT at PiperJaffray, Citi downgrades shoe retailer DSW Inc. (DSW) and JMP Securities reiterates its rating on Palo Alto Networks (PANW) and raises its price target on the shares. PiperJaffray says it is upgrading its rating on VMware to OVERWEIGHT from NEUTRAL and setting a $110 price target on the stock as adoption rates of VMware's products move to their highest level ever. Citi is downgrading shares of DSW to NEUTRAL from BUY and putting a $26/share target price on the stock on the back of a lack of visibility and slow sandal sales. JMP Securities is raising its price target on shares of Palo Alto Networks to $90 from $80 after its favorable settlement agreement in its lawsuit against Juniper Networks. Ruben Ramirez reports from the NYSE.

More from Video

Video: nLight Shares Surge Following Nasdaq Debut

Video: nLight Shares Surge Following Nasdaq Debut

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Too Bearish Too Soon? Your Reality Check from Real Money's Helene Meisler

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Visa Is a Technology Company That Masquerades as a Financial Company

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: Chipotle Shares Are Probably Done Going Down

Jim Cramer: This Is a Sad Time for Southwest Airlines

Jim Cramer: This Is a Sad Time for Southwest Airlines