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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 1.50 %

Emc Corporation (EMC) rated Buy with price target $35 by Gabelli & Co

Posted on: Wednesday,  Sep 9, 2015  9:25 AM ET by Gabelli & Co

Gabelli & Co rated Buy Emc Corporation (NYSE: EMC) on 09/09/2015, when the stock price was $24.65. Since
then, Emc Corporation has gained 1.50% as of 01/28/2016's recent price of $25.02.
If you would have followed this Gabelli & Co's recommendation on EMC, you would have gained 1.5% of your investment in 141 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.

Gabelli & Co is a well-known diversified asset manager and financial services company. The company's investment services are primarily offered through its subsidiary GAMCO Asset Management Inc, which manages separate accounts for high net worth individuals, institutions, and qualified pension plans, and through the Company's role as advisor to a family of Mutual Funds. The company's asset management businesses are supported by Gabelli & Company, Inc., an institutional broker/dealer. Gabelli & Company, Inc. distributes the mutual funds managed by Gabelli Funds and publishes investment research which is one of the key elements of GAMCO Investors, Inc.'s success. In addition through its subsidiary Gabelli Securities, Inc., the Company serves as general partner or investment manager in a number of limited partnerships with varying investment objectives.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/9/2015 9:25 AM Buy
None
24.65 35.00
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

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