EMC Corp. (EMC) Slips Amid Q4 Results; Outlook Gives Investors Pause
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Needham & Company Trims PT on EMC (EMC) to $30, Keeps Buy
January 30, 2013 10:24 AM ESTNeedham & Company trimmed its price target on EMC (NYSE: EMC) from $32 to $30 but kept a Buy rating.
Analyst Glenn Hanus comments, "EMC (including VMW) reported solid 4Q, with each slightly exceeding rev. and EPS. The 13 outlook is more bifurcated with EMC (ex. VMW)... More
FBR Capital Lowers Numbers on EMC (EMC) But Remains Positive as Core 'Alive and Well'
January 29, 2013 12:45 PM ESTFBR Capital lowered estimates and its price target on EMC (NYSE: EMC) from $34 to $31 following Q4 results. The firm maintained a Buy rating.
"While the core storage business performed better than the Street was anticipating in 4Q and has a relatively healthy outlook for 2013, the... More
EMC Corp. (EMC) Tops Q4 EPS by 2c
January 29, 2013 6:49 AM ESTEMC Corp. (NYSE: EMC) reported Q4 EPS of $0.54, $0.02 better than the analyst estimate of $0.52. Revenue for the quarter came in at $6 billion versus the consensus estimate of $5.98 billion.
NOTE: Shares were lower after-hours on VMware (NYSE: VMW) results.
For earnings history and earnings-related data on EMC Corp. (EMC) click here.... More
