Sterne Agee Likes EMC Stock With Elliott Involvement
Sterne Agee has analyzed the potential outcomes of Elliott’s involvement with EMC Corporation (NYSE:EMC) and thinks regardless of which path is taken it is likely supportive of the stock.
In a report released today, Sterne Agee analysts Alex Kurtz and Amelia Harris speculate the most likely scenario is an increased buyback that could reach up to $8 billion in addition to other potential actions EMC consolidated could take . . .
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