In a report published Friday, Wells Fargo Securities analyst Maynard Um reiterated an Outperform rating on EMC EMC.
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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