Zacks reiterated their neutral rating on shares of EMC Corporation (NYSE:EMC) in a research note released on Wednesday morning, American Banking and Market News reports. They currently have a $28.00 target price on the stock. EMC Corporation (NYSE:EMC) shares after opening at $26.56 moved to $26.69 on last trade day and at the end of the day closed at $26.62. Company price to sales ratio in past twelve months was calculated as 2.32 and price to cash ratio as 5.06. EMC Corporation (NYSE:EMC) showed a negative weekly performance of -1.41%.
SanDisk Corporation (NASDAQ:SNDK) push into speedier computer storage is paying off at a faster pace than Wall Street expected. The stock surged 9.4 percent, the most since 2012, after the maker of flash-memory storage for phones, tablets and computers reported earnings Wednesday that topped analysts’ estimates and gave a sales forecast that beat most projections. SanDisk Corporation (NASDAQ:SNDK) shares advanced 9.41% in last trading session and ended the day on $ 82.99. SNDK return on equity ratio is recorded as 14.80% and its return on assets is 10.60%. SanDisk Corporation (NASDAQ:SNDK) yearly performance is 61.21%.
Shares of NetApp Inc (NASDAQ:NTAP) saw a large decrease in short interest during the month of January. As of March 31st, there was short interest totalling 9,774,985 shares, a decrease of 12.0% from the March 14th total of 11,109,079 shares, StockRatingsNetwork reports. NetApp Inc. (NASDAQ:NTAP) shares moved down -1.02% in last trading session and was closed at $35.87 while trading in range of $35.53 – $36.24 – NetApp Inc. (NASDAQ:NTAP) year to date (YTD) performance is -12.13%.
Equities research analysts at SunTrust initiated coverage on shares of Brocade Communications Systems , Inc (NASDAQ:BRCD) in a research note issued to investors on Thursday, AmericanBankingNews.com reports. The firm set a “neutral” rating and a $11.00 price target on the stock. Brocade Communications Systems, Inc. (NASDAQ:BRCD) weekly performance is -0.72%. On last trading day company shares ended up $9.72. Brocade Communications Systems, Inc. (NASDAQ:BRCD) distance from 50-day simple moving average (SMA50) is -1.94%. Analysts mean target price for the company is $9.90.
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