Jefferies Cuts Price Target/Estimates on Dell (DELL)

August 12, 2011 7:32 AM EDT
Get Alerts DELL Hot Sheet
Price: $488.58 +14.96%

Rating Summary:
    23 Buy, 22 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 6 | Down: 9 | New: 31
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Jefferies lowered estimates and its price target on Hold-rated Dell (NASDAQ: DELL) from $17 to $15.

The firm cut FY12 EPS from $1.90 to $1.88 on macro risks.

For more ratings news on Dell click here and for the rating history of Dell click here.

Shares of Dell closed at $14.72 yesterday.


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