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Emc Corporation (EMC) [hlAlert]

Rating:
Hold EMC

Emc Corporation (EMC) rated Hold with price target $14.50 by Deutsche Securities

Posted on: Thursday,  Jul 24, 2008  1:25 PM ET by Deutsche Securities

EMC Corp (EMC) rated
Hold with price target $14.50 by Deutsche Securities.

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.

Deutsche Bank's award-winning Research team manages a range of functions from asset allocation, through economic forecasting across a broad range of industry sectors including cement and construction, chemicals, electronics, energy, engineering, machinery, media, software, tobacco, retailing and utilities, and oil and gas.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/24/2008 1:25 PM Hold
None
14.02 14.50
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 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2008 1:25 PM Hold
None
15.95 16.00
10/26/2007 1:25 PM Hold
None
24.40 25.00

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