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In a report published Friday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on
EMCEMC.
In the report, Wells Fargo Securities noted, “We believe EMC will benefit from having built a strong portfolio of assets in key areas of future industry growth including primary data storage, scale-out storage, virtualization, data analytics, cloud, security, flash, and backup and recovery, and should benefit from recent product refreshes, as well as continued share gains.”
EMC closed on Thursday at $26.26.
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