JP Morgan Initiates EMC At Neutral

Analysts at JP Morgan initiated coverage on EMC

with a Neutral rating. The target price for EMC is set to $31. EMC shares have jumped 28.08% over the past 52 weeks, while the S&P 500 index has gained 15.58% in the same period. EMC's shares rose 0.07% to close at $29.88 yesterday.