EMC/Dell Rumors May Be Another False Alarm, Bernstein's Sacconaghi Says (EMC) (VMW)

Cowen Cuts Price Target on VMware (VMW) Following Dell's Announced Acquisition of EMC

October 12, 2015 3:56 PM EDT

Cowen reiterated an Outperform rating on VMware (NYSE: VMW), and cut the price target to $87.00 (from $90.00), following Dell's announced acquisition of EMC. As part of the deal, Dell will pay EMC shareholders with VMW "tracking stock", or stock that will follow the 19% of... More

EMC (EMC) Purchase by Dell Would Make Sense, Says Deutsche Bank

October 8, 2015 2:14 PM EDT

Deutsche Bank maintained a Buy rating on EMC (NYSE: EMC) with a price target of $30. Earlier report said Dell is in discussions to acquire EMC, though it is unclear if this would be a full or partial takeover. In the view of analyst Sherri Scribner, a purchase by Dell would make sense.

"Speculation of EMC as a take-out candidate has been common for the past few years, and while... More

EMC (EMC) Worth $30+ Takeover or Not, Raymond James Says

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

Dell offer for EMC (EMC) could be above $27/shares and could be a week away - CNBC's Faber

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.

... More

Baird Remains Bullish on EMC Corp. (EMC) Following Reports of Merger Talks with Dell

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

Needham & Company Reiterates Buy on EMC Corp. (EMC) as Reports Suggest Potential Merger with Dell

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

Jefferies Reiterates Buy on EMC Corp. (EMC) Following Reports of Potential Deal with Dell

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

Dell in talks to buy data storage company EMC: source

October 7, 2015 8:15 PM EDT

By Mike Stone

(Reuters) - Dell Inc [DI.UL], the world's third largest personal computer maker, is in talks to buy data storage company EMC Corp (NYSE: EMC), a person familiar with the matter said, in what could be one of the biggest technology deals ever.

A deal could be an option for EMC, under pressure from activist investor Elliott Management Corp to spin off majority-owned VMware Inc (NYSE: VMW).

The terms being discussed were not known, but if the deal goes through it would top... More

EMC (EMC) in Talks with Dell on Merger Deal - WSJ

October 7, 2015 7:20 PM EDT

PC-maker Dell is in talks to merge with EMC Corp. (NYSE: EMC), the Wall Street Journal reported late Wednesday.

It is unclear if the two are discussing a full or partial takeover of EMC, the Journal reported.

EMC has been under pressure... More