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Enter Symbol:
 
Emc Corporation (EMC) [hlAlert]

Rating:
Neutral EMC

Emc Corporation (EMC) downgraded to Neutral with price target $17 by Piper Jaffray

Posted on: Monday,  Sep 21, 2009  8:25 AM ET by Piper Jaffray

Piper Jaffray rated Neutral Emc Corporation (NYSE: EMC) on 09/21/2009. Previously Piper Jaffray rated Buy Emc
Corporation (NYSE: EMC) on 12/12/2008., when the stock price was $10.52. Since then, Emc Corporation has gained 59.22% of its value until Piper Jaffray rated EMC Overweight on 09/21/2009, when the price was $16.75. .

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.

At Piper Jaffray, we understand there’s no substitute for relevant and timely research. That's why we provide: * fundamental and technical research * value-added investment ideas * market analysis With the information our research team provides, you’ll make better and more informed decisions for your portfolio.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/5/2010 8:25 AM Buy
None
18.34 22.00
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  59.98 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/21/2009 8:25 AM Hold
None
16.75 17.00
12/12/2008 8:25 AM Buy
None
10.52

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