Android app on Google Play

BMO Capital Market Maintains a 'Perform' on Dell (DELL); Quest Acquisition Helps This Long-Term Story

July 2, 2012 2:16 PM EDT Send to a Friend
Get Alerts DELL Hot Sheet
Price: $13.86 --0%

Rating Summary:
    9 Buy, 21 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 31 | Down: 9 | New: 29
Trade DELL Now!
Join SI Premium – FREE
BMO Capital Market maintains a 'Perform' on Dell (NASDAQ: DELL) price target of $16.00.

Analyst, Jung Pak, said, "...we are mildly positive on this deal in terms of strategic fit and dilution of the PC business. In addition, we think that Dell needs a more focused effort on systems management, particularly in the mid-market segment and Quest fits this need nicely. However, we do have concerns about Quest poor license revenue growth over the past year. We believe that the collective effort by Dell can improve license revenue growth, at least through CY13."

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 $12.51 yesterday.




You May Also Be Interested In


Related Categories

Analyst Comments, Mergers and Acquisitions

Related Entities

BMO Capital

Add Your Comment