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Fly News Breaks for April 15, 2019
VMW, SCWX, PVTL, DELL
Apr 15, 2019 | 07:05 EDT
JPMorgan analyst Paul Coster raised his price target "again" for Dell Technologies (DELL) to $77 from $68 to reflect the company's share of its publicly-traded subsidiaries Pivotal Software (PVTL), Secureworks (SCWX) and VMware (VMW). The analyst notes that he uses a "lower conglomerate-discount owing to growing evidence that this federation of companies is delivering synergies." Coster keeps an Overweight rating on Dell Technologies.
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