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EMC (EMC) has many challenges looming, says an analyst who cut his price target on the data storage leader ahead of the company’s Q1 earnings report next month. In a research report Wednesday, RBC Capital Markets analyst Amit Daryanani said a building backlog, dilution in its Virtual Computing Environment subsidiary, and foreign exchange issues led to his cutting the price target on EMC stock to 30 from 32. VCE is a computer Scalper1 News
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