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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 29.83 %

Emc Corporation (EMC) rated Buy by Jefferies

Posted on: Friday,  Sep 21, 2012  8:25 AM ET by Jefferies

Jefferies rated Buy Emc Corporation (NYSE: EMC) on 09/21/2012. Previously Jefferies rated Buy Emc Corporation (NYSE: EMC) on 04/20/2010., when
the stock price was $19.27. Since then, Emc Corporation has gained 29.84% as of 01/28/2016's recent price of $25.02.
If you would have followed the previous Jefferies's recommendation on EMC, you would have gained 29.83% of your investment in 2109 days.

EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry?s range of information infrastructure technologies and solutions. EMC?s Information Infrastructure business provides a foundation for customers to manage and secure their information, automate their data center operations. EMC?s VMware Virtual Infrastructure business, VMware, Inc., is the provider of virtual infrastructure software solutions from the desktop to the data center. VMware?s virtual infrastructure software solutions run on industry-standard desktops and servers and support a range of operating system and application environments. EMC?s Information Infrastructure business comprises three segments: Information Storage, Content Management and Archiving, and RSA Information Security. During the year ended December 31, 2008, the Company acquired Pi Corporation, Document Sciences Corporation, Infra Corporation Pty Limited, WysDM Software Inc., Conchango plc. and Iomega Corporation.

Jefferiess' research efforts cover U.S. & International equity, high yield, convertibles, derivatives and option strategies, investment grade fixed income, post-reorganization securities, as well as special situations and quantitative research. Our team of more than 150 research professionals covers nearly 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes while providing in-depth, thought provoking, objective research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2012 8:25 AM Buy
None
27.86
as of 12/31/2012
1 Week down  -1.24 %
1 Month up  1.93 %
3 Months down  -7.22 %
1 YTD up  17.45 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/20/2010 9:25 AM Buy
None
19.27 23.00

(*) Stock Price at the time of the recommendation.
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