Market Overview

UPDATE: UBS Investment Research Initiates EMC Corp with Buy, $30 PT on Bullish Earnings Outlook

Related EMC
Early Global News: Ebola In Liberia, Boeing To Roll Out 737 MAX Next Month, Google Testing SMS Alerts
Why Isn't EMC Stock Higher...And Why Is VMware Radio Silent?
IPhone Demand Fears Might Bruise Apple Supplier Avago (Investor's Business Daily)

UBS Investment Research initiated its rating on EMC Corp (NYSE: EMC) with a Buy rating and a price target of $30.

UBS Investment Research said, "We initiate with a Buy and target price of $30 per share. EMC is king of the storage ocean and could grow earnings in the teens. Given increasing competition, however, it must keep moving to win in existing segments and create new ones. We expect the stock eventually to break out on new product strength."

EMC Corp closed at $23.69 on Tuesday.

Latest Ratings for EMC

Nov 2015Wells FargoDowngradesOutperformMarket Perform
Oct 2015Stifel NicolausDowngradesBuyHold
Oct 2015Atlantic EquitiesDowngradesOverweightNeutral

View More Analyst Ratings for EMC
View the Latest Analyst Ratings

Posted-In: UBS Investment ResearchAnalyst Color Price Target Initiation Intraday Update Analyst Ratings


Related Articles (EMC)

View Comments and Join the Discussion!

Get Benzinga's Newsletters