Market Overview

Morgan Stanley Sees Good Things Ahead For EMC

Share:
Related EMC
These Analysts Attended VMWare's User Conference: Here's The Chatter
Rod Hall: VMWare, EMC Deal Was 'Never' Likely
The Vetr community has downgraded $EMC to 4-Stars (Vetr)

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
Aug 2015JefferiesMaintainsBuy
Jul 2015Wells FargoUpgradesMarket PerformOutperform
Jul 2015JP MorganMaintainsNeutral

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!

Get Benzinga's Newsletters