Canaccord Genuity reiterated their buy rating on shares of EMC Co. (NYSE:EMC) in a research note released on Wednesday morning.

EMC (NYSE:EMC) traded up 0.97% during midday trading on Wednesday, hitting $29.05. 102,673,327 shares of the stock traded hands. The company has a 50-day moving average of $28.53 and a 200-day moving average of $27.32. EMC has a 12 month low of $22.99 and a 12 month high of $29.13.

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About EMC

EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream.

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