Monday, June 11, 2012

Stock Alert -Cantor Fitzgerald is making a bullish call on the enterprise storage space, upgrading EMC (EMC -0.3%), NetApp (NTAP -0.6%), and Brocade (BRCD -0.3%) to Buy- 6/11/12

Cantor Fitzgerald is making a bullish call on the enterprise storage space, upgrading EMC (EMC -0.3%), NetApp (NTAP -0.6%), and Brocade (BRCD -0.3%) to Buy. Cantor sees EMC and NetApp as "consolidators" in a fragmented storage hardware market, and thinks Brocade's plans to monetize part of its oversized San Jose campus will strengthen its balance sheet. It's also encouraged by NetApp's pending release of a needed high-end flash storage product

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