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Emc Corporation (EMC) [hlAlert]

Rating:
Overweight
EMC
down 10.38 %

Emc Corporation (EMC) rated Overweight with price target $28 by Barclays

Posted on: Thursday,  Apr 25, 2013  1:25 PM ET by Barclays

Barclays rated Overweight Emc Corporation (NYSE: EMC) on 04/25/2013. Previously Barclays rated Overweight Emc Corporation (NYSE: EMC) on 04/20/2012., when
the stock price was $27.92. Since then, Emc Corporation has lost 10.39% as of 01/28/2016's recent price of $25.02.
If you would have followed the previous Barclays's recommendation on EMC, you would have lost 10.38% of your investment in 1378 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.

Barclays
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/25/2013 1:25 PM Buy
None
22.74 28.00
as of 12/13/2013
1 Week down  -2.91 %
1 Month down  -3.75 %
3 Months down  -13.18 %
1 YTD down  -7.90 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/4/2013 1:25 PM Buy
None
24.24 31.00
4/20/2012 12:25 PM Buy
None
27.92 36.00

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