EMC & VMW both rise on analyst Upgrades
BREAKING NEWS!!! Online storage startup Mozy, headquartered in Utah, has been acquired by EMC Corporation, a public storage company with a nearly $40 billion market cap. EMC paid $76 million for the company, according to two sources close to the deal.
The markets rally today but the tech stocks lead the pack.
EMC and VMW both have advanced over 6% today pretty exctiting stuff.
EMC was due to upgrades by analysts from Bear Stearns, and Citigroup. GREAT! the new target for emc is 30$.
Citibank (C) and Bear Stearns (BSC) have each, independently upgraded and increased their price targets for EMC Corp. (EMC) this morning, and as a result the stock has begun to move aggressively higher.
The markets rally today but the tech stocks lead the pack.
EMC and VMW both have advanced over 6% today pretty exctiting stuff.
EMC was due to upgrades by analysts from Bear Stearns, and Citigroup. GREAT! the new target for emc is 30$.
Citibank (C) and Bear Stearns (BSC) have each, independently upgraded and increased their price targets for EMC Corp. (EMC) this morning, and as a result the stock has begun to move aggressively higher.
posted by Rosecrans at 11:21 AM
0 Comments:
Post a Comment
<< Home