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Enter Symbol:
Emc Corporation (EMC) [hlAlert]

up 66.13 %

Emc Corporation (EMC) rated Outperform with price target $15 by Friedman Billings

Posted on: Monday,  Oct 6, 2008  9:25 AM ET by Friedman Billings

Friedman Billings rated Outperform Emc Corporation (NYSE: EMC) on 10/06/2008. Previously Friedman Billings rated Outperform Emc Corporation (NYSE: EMC) on 07/31/2008.,
when the stock price was $15.06. Since then, Emc Corporation has gained 66.14% as of 01/28/2016's recent price of $25.02.
If you would have followed the previous Friedman Billings's recommendation on EMC, you would have gained 66.13% of your investment in 2737 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.

FBR Capital Markets is a full service investment banking, institutional sales, trading and research and asset management firm with a customer-focused and innovative approach to meeting its clients needs. It focuses its banking, advisory, trading and research efforts on seven broad industry sectors including consumer, diversified industrials, energy & natural resources, financial institutions, insurance, real estate and technology, media & telecom. With our headquarters in the Washington, D.C. metropolitan area, our Economic and Washington Policy Analysis groups offer clients a comprehensive overview of national economic trends along with a unique perspective on the impact that legislation and regulation will have on industry sectors and individual companies
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/6/2008 9:25 AM Buy
11.16 15.00
as of 12/24/2008
1 Week down  -6.63 %
1 Month up  0.92 %
3 Months up  7.16 %
1 YTD up  7.35 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2008 2:25 PM Buy
15.06 18.00
7/24/2008 8:25 AM Hold
14.22 15.00
4/24/2008 8:25 AM Hold
15.70 16.50
10/11/2007 9:25 AM Hold
23.00 25.00
7/25/2007 1:25 PM Hold
18.99 17.00

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