EMC Corp. (NYSE:EMC) was downgraded by research analysts at
Citigroup Inc. to a “market perform” rating in a research report issued on
Monday.
Several other research firms also recently commented on EMC.
Raymond James Financial Inc. downgraded EMC Corp. from a “strong-buy” rating to
an “outperform” rating and set a $29.00 price objective on the stock. in a
report on Thursday, April 7th. Vetr downgraded EMC Corp. from a “strong-buy”
rating to a “buy” rating and set a $28.49 price objective on the stock. in a
report on Monday, March 21st. Longbow Research cut EMC Corp. from a “buy”
rating to a “neutral” rating and set a $28.00 target price on the stock. in a
research report on Friday, May 27th. Deutsche Bank AG reaffirmed a “hold”
rating and set a $27.00 target price (up previously from $26.00) on shares of
EMC Corp. in a research report on Thursday, April 21st. Finally, Macquarie cut
EMC Corp. from an “outperform” rating to a “neutral” rating and set a $30.00
target price on the stock. In a research report on Wednesday, July 13th.
Eighteen analysts have rated the stock with a hold rating and fifteen have
given a buy rating to the company’s stock. The company has an average rating of
“Hold” and an average target price of $30.30.
Source: The Cerbat Gem