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Schaeffer's Street Stories: EMC Corporation Flat Following Positive Brokerage Comments


Published on 2008-12-23 11:21:03, Last Modified on 2008-12-23 11:21:18 - Market Wire
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CINCINNATI--([ BUSINESS WIRE ])--The shares of EMC Corporation (NYSE: EMC) are hovering at breakeven today, as traders digest the latest brokerage moves from Wall Street. Before the open this morning, Collins Stewart joined the bevy of bullish brokerages on EMC when it started coverage of the stock with a "buy" rating. Overall, the equity has been awarded 15 "buy" ratings, 6 "holds," and just 1 "strong sell." This optimistic configuration leaves the shares vulnerable to potential downgrades.

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