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Emc Corporation (EMC) [hlAlert]

Rating:
Hold EMC

Emc Corporation (EMC) rated Hold

Posted on: Monday,  Dec 3, 2007  1:25 PM ET by Lehman Brothers

EMC Corp (EMC) rated
Equal-weight with price target $26 by Lehman Brothers.

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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/3/2007 1:25 PM Hold
None
18.99 26.00
as of 12/24/2008
1 Week down  -6.63 %
1 Month up  0.92 %
3 Months up  7.16 %
1 YTD down  -20.42 %

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