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  • tong xue men: EMC "sector perform," target price raised
    Date: 2007-07-25 1:45 PM

    Analyst: RBC Capital Markets
    Subject: Nyse
    Rating: Sector Perform

    NEW YORK, July 25 (dailywallstreet.com) - Analysts at RBC Capital Markets maintain their "sector perform" rating on EMC Corporation (ticker: EMC), while raising their estimates for the company. The target price has been raised from $15 to $17.

    In a research note published this morning, the analysts mention that the company has posted its revenues and EPS marginally ahead of the consensus. EMC's performance recovered across most of its key products and regions, the analysts say. The company has raised its revenue and GAAP EPS guidance for FY07 from "at least" to "exceed" $12.7 billion and from "at least" to "exceed" $0.64, respectively. The EPS estimate for 2008 has been raised from $0.93 to $0.95.
    • FYI, this EMC has nothing to do with uranium
      • 此EMC (NYSE) 非彼EMC (TO) 也, 差点儿被忽攸了.
        • 呵呵,sorry!:-)