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Enter Symbol:
Rating: EMC
Hold $30

Emc Corporation (NYSE: EMC) downgraded to Hold with price target $30 by Deutsche Bank

Thursday,  Oct 15, 2015  1:25 PM ET by Dave Ficere

Deutsche Bank downgraded Emc Corporation (NYSE: EMC) to Hold with price
target $30. Previously Deutsche Bank rated Buy with price target $32 Emc Corporation (NYSE: EMC) on 04/10/2014, when the stock price was $27.00.

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 is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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