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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 46.14 %

Emc Corporation (EMC) rated Buy with price target $22 by Broadpoint AmTech Research

Posted on: Thursday,  Oct 22, 2009  2:25 PM ET by Broadpoint AmTech Research

Broadpoint AmTech Research rated Buy Emc Corporation (NYSE: EMC) on 10/22/2009, when the stock price was $17.12. Since
then, Emc Corporation has gained 46.14% as of 01/28/2016's recent price of $25.02.
If you would have followed this Broadpoint AmTech Research's recommendation on EMC, you would have gained 46.14% of your investment in 2289 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.

Broadpoint AmTech, Inc. is an equity research firm specializing in research on large and small cap companies. It provides equity research, sales, and trading services. The firm provides fundamental research on information technology and defense companies. It focuses on the aerospace and defense; analog semiconductors; broadband and media services; clean technology: biofuels; clean technology: coal; clean technology: energy generation and infrastructure; clean technology: solar; clean technology: wind; data networking and storage components; engineering and construction; financial technology; Internet; information technology hardware; LED industry; software; wireless communications; and wireless IC sectors. The firm caters to institutional investors. It was formerly known as American Technology Research. Broadpoint AmTech, Inc. is based in Greenwich, Connecticut, with additional offices in San Francisco, California and Denver, Colorado. The firm is a division of Broadpoint Securities Group, Inc.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/22/2009 2:25 PM Buy
None
17.12 22.00
as of 12/31/2009
1 Week up  34.34 %
1 Month up  42.48 %
3 Months up  40.07 %
1 YTD up  40.07 %

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