Brean Murray Carret & Co. Adds Dell (DELL) to Preferred Buy List; Raising Estimates; Buy on Weakness

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.

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