EMC Corporation (EMC) Maintains Overweight Rating And $25 Price Target

Analysts Doug Reid and Vivek Manipadam at Thomas Weisel Partners have released an update on EMC Corporation (NYSE: EMC).

Analysts have reiterated their Overweight rating for the company following recent industry checks, which suggest that the company is on track to deliver modest upside to EPS in the March quarter and a recent investor presentation by Pat Gelsinger, President and COO, EMC Information Infrastructure Products, which gave confidence in the company’s competitive position.

The 12-month price target for EMC Corporation has been set at $25.