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Emc Corporation (EMC) [hlAlert]

Rating:
Neutral EMC
up 7.15 %

Emc Corporation (EMC) downgraded to Neutral by Monness Crespi & Hardt

Posted on: Thursday,  Jan 16, 2014  9:25 AM ET by Monness Crespi & Hardt

Monness Crespi & Hardt rated Neutral Emc Corporation (NYSE: EMC) on 01/16/2014. Previously Monness Crespi & Hardt rated Buy Emc Corporation (NYSE: EMC)
on 01/30/2013., when the stock price was $24.61. Since then, Emc Corporation has gained 7.15% as of 01/16/2014's recent price of $26.37.
If you would have followed the previous Monness Crespi & Hardt's recommendation on EMC, you would have gained 7.15% of your investment in 351 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.

Monness Crespi & Hardt
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/16/2014 9:25 AM Hold
None
26.37
as of 10/17/2014
1 Week   
1 Month   
3 Months   
1 YTD up  4.85 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2013 9:25 AM Buy
None
24.61 30.00

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