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Emc Corporation (EMC) [hlAlert]

Rating:
Buy EMC
up 25.98 %

Emc Corporation (EMC) rated Buy with price target $24 by Gleacher & Company

Posted on: Tuesday,  Jul 13, 2010  9:25 AM ET by Gleacher & Company

Gleacher & Company rated Buy Emc Corporation (NYSE: EMC) on 07/13/2010, when the stock price was $19.86. Since
then, Emc Corporation has gained 25.98% as of 01/28/2016's recent price of $25.02.
If you would have followed this Gleacher & Company's recommendation on EMC, you would have gained 25.98% of your investment in 2025 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.

Gleacher & Company delivers investment ideas generated by its research team to more than 1,000 institutional investors through its sales and trading team of over 150 professionals across a full spectrum of industry sectors and asset classes.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/13/2010 9:25 AM Buy
None
19.86 24.00
as of 12/31/2010
1 Week up  4.17 %
1 Month up  11.58 %
3 Months up  18.06 %
1 YTD up  20.74 %

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