EMC Corporation (NYSE:EMC)’s Target Price Raised Ahead Of Its Results, EMC E20-324 exam Boston, MA 10/18/2013 (wallstreetpr) - EMC Corporation (NYSE:EMC) has informed the exchanges that it would come out with Third Quarter results on October 22, 2013. And it seems that though company may or may not be able to match consensus estimates, its long term estimated growth rates are in line with long term investor’s perception of company’s growth. EMC Inc. is in business of providing physical and virtual infrastructure, technologies and solutions to its wide base of customers. The company functions as two very distinct divisions operating as mutually exclusive entities. One of them is EMC Information Infrastructure. And other one is VMware Virtual Infrastructure.
Analyst’s community seems quite upbeat about the forthcoming quarterly results and has upgraded the target prices for EMC, which currently trades at $24.6. TheStreet Rating has reaffirmed its Buy rating for EMC E20-324 exam the stock. Justifying a rating score of B+, the analysts have said that they believe that company is going to deliver decent results on multiple fronts like increase in revenue, growth in EPS as well as a ballooning of gross profit margins. Company, as per last filing with the regulator seems to be in comfortable or rather strong financial position. In comparison to debt of $7.2 billion, company has a stash of $11.5 billion worth of cash. This represents more than 22.5% of company’s overall market cap of $51 billion.
Analyst’s community seems quite upbeat about the forthcoming quarterly results and has upgraded the target prices for EMC, which currently trades at $24.6. TheStreet Rating has reaffirmed its Buy rating for EMC E20-324 exam the stock. Justifying a rating score of B+, the analysts have said that they believe that company is going to deliver decent results on multiple fronts like increase in revenue, growth in EPS as well as a ballooning of gross profit margins. Company, as per last filing with the regulator seems to be in comfortable or rather strong financial position. In comparison to debt of $7.2 billion, company has a stash of $11.5 billion worth of cash. This represents more than 22.5% of company’s overall market cap of $51 billion.