BMO Capital increased its target price on EMC Corporation (NYSE:EMC) to $30 and set an “outperform” rating. The firm cited valuation based on higher VMW. EMC Corporation (NYSE:EMC) shares after opening at $27.97 on last trade day and at the end of the day closed at $27.98. Company price to sales ratio in past twelve months was calculated as 2.45 and price to cash ratio as 5.33. EMC Corporation (NYSE:EMC) showed a positive weekly performance of 3.82%.
SanDisk Corp. (NASDAQ:SNDK) CEO Sanjay Mehrotra sold 69,275 shares of the company’s stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $80.00, for a total transaction of $5,542,000.00. SanDisk Corporation (NASDAQ:SNDK) shares fell -0.77% in last trading session and ended the day on $80.10. LNKD return on equity ratio is recorded as 14.80% and its return on assets is 10.60%. SanDisk Corporation (NASDAQ:SNDK) yearly performance is 48.17%.
Brocade Communications Systems (NASDAQ:BRCD) CFO Daniel Fairfax unloaded 25,000 shares of the stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $9.76, for a total value of $244,000.00. Brocade Communications Systems, Inc. (NASDAQ:BRCD) shares moved down -0.10% in last trading session and was closed at $10.40, while trading in range of $10.36 – $10.53. Brocade Communications Systems, Inc. (NASDAQ:BRCD) year to date (YTD) performance is 17.25%.
Lake Street downgraded NetApp Inc. (NASDAQ:NTAP) as it believes the company’s layoff announcement indicate its challenges persist. The firm lowered its price target for shares to $39 from $49. NetApp Inc. (NASDAQ:NTAP) weekly performance is 3.36%. On last trading day company shares ended up $37.80. NetApp Inc. (NASDAQ:NTAP) distance from 50-day simple moving average (SMA50) is -7.64%. Analysts mean target price for the company is $44.48.