Brokerage Firm Rating Update on EMC Corporation (EMC)

EMC Corporation (EMC) : Zacks Investment Research ranks EMC Corporation (EMC) as 4, which is a Sell recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 14 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 21 research analysts is 2.38, which indicates as a Buy.

EMC Corporation (EMC) has been rated by 15 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $32 and the lowest price target forecast is $26. The average forecast of all the analysts is $29.6 and the expected standard deviation is $1.39.


Company shares have received an average consensus rating of Hold for the current week Also, Equity analysts at the Brokerage firm Deutsche Bank maintains its rating on EMC Corporation (NYSE:EMC). The rating major has initiated the coverage with hold rating on the shares. The Analysts at Deutsche Bank raises the price target from $27 per share to $29 per share. The rating by the firm was issued on August 25, 2016.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

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