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Goldman Sachs Resumes EMC (EMC) at Buy, Sees 22% Upside

December 13, 2010 7:40 AM EST Send to a Friend
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Price: $29.63 -0.9%

Rating Summary:
    34 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 26 | Down: 29 | New: 6
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Goldman Sachs resumes coverage on EMC (NYSE: EMC) with a Buy rating and $27 price target, suggesting 22% upside.

The firm sees solid upside throughout 2011, and said the shares effectively represent a portfolio of undervalued cloud computing assets in virtualization, network storage and security.

For more ratings news on EMC click here and for the rating history of EMC click here.

Shares of EMC closed at $22.25 yesterday.




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