Mesosphere and EMC Team Up to Expand DCOS Storage
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October 8, 2015 11:27 AM EDT
Raymond James analyst Brian Alexander reiterated a Strong Buy rating and $32 price target on EMC (NYSE: EMC) amid speculation of a potential merger with Dell.
"While reports lacked specifics and have not been confirmed by the companies concerned, EMC's current market cap of ~$50 billion and enterprise value of +$40 billion suggest that the inclusion of VMware would be... More
October 8, 2015 9:05 AM EDT
Dell offer for EMC Corp. (NYSE: EMC) could be above $27/shares and could be a week away, CNBC's David Faber reports. $40 billion in financing need for the deal.
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October 8, 2015 9:03 AM EDT
Baird reiterated an Outperform rating and $32.00 price target on EMC (NYSE: EMC) as news reports come in that the company is in talks with Dell about a potential merger. Dell went private in October of 2013 for $25 billion with a reported $15 billion in additional... More
October 8, 2015 7:46 AM EDT
Needham & Company reiterated a Buy rating and $30.00 price target on EMC (NYSE: EMC) as news reports suggest talks of a Dell/EMC Merger. Dell is already private, so there arent any redundant public company cost savings. Except for storage, their businesses are sufficiently... More
October 8, 2015 7:38 AM EDT
Jefferies reiterated a Buy rating and $29.00 price target on EMC (NYSE: EMC) following reports of talks over a combination with Dell. Dell and EMC are increasingly competing with the likes of Amazon, Google, Microsoft, and others that have deep pockets; becoming larger... More
