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Enter Symbol:
Emc Corporation (EMC) [hlAlert]

up 30.51 %

Emc Corporation (EMC) rated Buy with price target $33 by Needham

Posted on: Thursday,  Oct 23, 2014  8:25 AM ET by Needham

Needham rated Buy Emc Corporation (NYSE: EMC) on 10/23/2014. Previously Needham rated Buy Emc Corporation (NYSE: EMC) on 07/25/2007., when
the stock price was $19.17. Since then, Emc Corporation has gained 30.52% as of 01/28/2016's recent price of $25.02.
If you would have followed the previous Needham's recommendation on EMC, you would have gained 30.51% of your investment in 3109 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.

Needham & Company, LLC focuses on emerging growth companies in technology, biotechnology and life sciences. The firm's research goal is to service the needs of growth-oriented institutional clients. Needham & Company has established itself as a premier specialty investment bank providing timely and valuable analysis on companies that are under-covered by the majority of Wall Street firms.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/23/2014 8:25 AM Buy
27.54 33.00
as of 10/17/2014
1 Week down  -3.10 %
1 Month down  -7.94 %
3 Months up  1.42 %
1 YTD up  7.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/24/2014 12:00 AM Buy
25.51 30.00
7/24/2013 4:25 PM Buy
26.58 32.00
1/30/2013 8:25 AM Buy
24.61 30.00
1/25/2012 8:25 AM Buy
25.22 34.00
7/24/2008 9:25 AM Buy
14.22 19.00
7/25/2007 9:25 AM Buy
19.17 22.00

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