H-P (HPQ) Issues Statement on Dell (DELL) Deal; Sees 'Tough Road Ahead' for Dell

Go back to H-P (HPQ) Issues Statement on Dell (DELL) Deal; Sees 'Tough Road Ahead' for Dell

Deutsche Bank Downgrades Dell (DELL) to Hold; Higher Bid Unlikely

February 5, 2013 1:47 PM EST

Deutsche Bank downgraded Dell (NASDAQ: DELL) from Buy to Hold with a price target of $13.65 (from $15.00) following today's 'take private' deal. The firm while the deal comes at a discount to other structurally challenged companies like HPQ and LXK a superior bid seems... More