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EMC Could Shares Could Reach $38 Following a VMware Spinoff, According to Credit Suisse Analyst, Reports Barrons

The price of EMC (NYSE: EMC) stock could reach as high as $38.00/share, following a spin-off of the company's 80% stake in VMware (NYSE: VMW), according to Credit Suisse analyst Kulbinder Garcha, reports Barron's. The price depends upon the amount of an EMC share buyback, according to Garcha.

View full article http://online.barrons.com/news/articles/SB500014240531119038494045800576...

Posted-In: News Barron's Movers Media

 

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