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Fly News Breaks for October 22, 2015
VMW, EMC
Oct 22, 2015 | 07:50 EDT
Brean Capital said the EMC (EMC) deal with Dell is feeling increasing pressure, but said at current prices a 10% trade opportunity exists. The firm feels the company will have to get shareholders more comfortable about the deal given VMware's (VMW) stock performance after the deal announcement and its softer than expected results. Brean Capital reiterated its Buy rating and $31 price target on EMC shares.
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