Scalper1 News
EMC (EMC) got downgraded Monday as an investment bank panned its performance and alleged myopia around its VMware (VMW) subsidiary. Daniel Ives, an analyst for FBR Capital Markets, downgraded EMC to market perform from outperform, in a research note, and lowered his price target on EMC stock to 28 from 31. “We are downgrading shares of EMC … in light of the company’s weakening fundamentals, management’s dogmatic view around VMware, and execution Scalper1 News
Scalper1 News