Brean Murray Carret & Co. Adds Dell (DELL) to Preferred Buy List; Raising Estimates; Buy on Weakness
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Price: $13.34 -0.07%
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
Rating Summary:
9 Buy, 21 Hold, 3 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 18 | New: 13
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Brean Murray Carret & Co. maintains a 'Buy' on Dell (NASDAQ: DELL) price target of $21.00.
Analyst, Ananda Baruah, said, "Placing Dell on our 'Preferred Buy' list after recent stock retracement as we now see 27% upside and 8-10% downside (along with Electronics for Imaging (Nasdaq: EFII), Seagate (NYSE: STX), NetApp (Nasdaq: NTAP), and Pitney Bowes (NYSE: PBI)...We're raising our FY13 (CY12) revenue and EPS to $62.22 bln and $2.20 (vs. $61.92 bln and $2.14 previously) and vs. Street of $62.5 bln and $2.13."
For an analyst ratings summary and ratings history on Dell click here. For more ratings news on Dell click here.
Shares of Dell closed at $16.48 yesterday, with a 52 week range of $13.29-$18.36.
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Analyst, Ananda Baruah, said, "Placing Dell on our 'Preferred Buy' list after recent stock retracement as we now see 27% upside and 8-10% downside (along with Electronics for Imaging (Nasdaq: EFII), Seagate (NYSE: STX), NetApp (Nasdaq: NTAP), and Pitney Bowes (NYSE: PBI)...We're raising our FY13 (CY12) revenue and EPS to $62.22 bln and $2.20 (vs. $61.92 bln and $2.14 previously) and vs. Street of $62.5 bln and $2.13."
For an analyst ratings summary and ratings history on Dell click here. For more ratings news on Dell click here.
Shares of Dell closed at $16.48 yesterday, with a 52 week range of $13.29-$18.36.
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