Wunderlich Securities Reiterates EMC Buy, $31.50 PT

Wunderlich Securities reiterated its EMC

Buy rating and $31.50 price target in a research report published today. In the report, Wunderlich Securities states, "Security posted a notable uptick given the RSA hacking; despite a deceleration in growth rate, High End remains strong, and Info Intelligence was the relative laggard among product segments. Looking ahead, the company slightly increased its outlook for 2011." Shares of EMC were trading at $27.37 at the time of posting, reflecting no change from Wednesday's market close.