Market Overview

Morgan Stanley Sees Good Things Ahead For EMC

Share:
Related EMC
BMO Upgrades Open Text To Outperform, EMC Deal Could Lead To Significant Synergies
Here's Why Charter Is Soaring But Kraft Heinz Is Floating

In a report published Tuesday, Morgan Stanley analyst Katy L. Huberty reiterated an Equal-Weight rating on EMC Corporation (NYSE: EMC).

In the report, Morgan Stanley noted, “EMC made two major product announcements at its user conference to help enterprises migrate to a big data / hybrid cloud world. Management believes it can grow profit dollars and earnings long term, though gross margin will come under pressure as customer adopt next-generation storage products.”

EMC closed on Monday at $25.78.

Latest Ratings for EMC

DateFirmActionFromTo
Sep 2016Brean CapitalTerminatesBuy
Aug 2016Deutsche BankMaintainsHold
Jul 2016BernsteinDowngradesOutperformMarket Perform

View More Analyst Ratings for EMC
View the Latest Analyst Ratings

Posted-In: Katy L. Huberty Morgan StanleyAnalyst Color Reiteration Analyst Ratings

 

Related Articles (EMC)

View Comments and Join the Discussion!