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Morgan Stanley Comments on Dell F1Q Results
Wednesday, May 18, 2011 - 8:00am | 120Morgan Stanley is commenting on Dell's (NASDAQ: DELL) F1Q results. “We view tougher comps in commercial PCs and Servers (50%+ of revenue), more aggressive pricing across the hardware sector, and a moderating component cost environment as factors that increase the risk of a lower earnings run-rate...
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Bank of America Merrill Lynch Maintains Buy On Dell (DELL)
Wednesday, May 18, 2011 - 7:54am | 141Bank of America Merrill Lynch is maintaining its Buy rating and $19.50 price target on shares of Dell (NASDAQ: DELL) after the company reported earnings last night. In a note to investors, Bank of America Merrill Lynch writes, "F1Q12 non-GAAP EPS of $0.55 beat our/Street of $0.43/0.44 mostly on...
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Collins Stewart Reports on Dell
Wednesday, May 18, 2011 - 7:51am | 165Collins Stewart commented on Dell (NASDAQ: DELL) in a report released today. In the report, Collins Stewart was mixed in its assessment of the company. Collins Stewart writes, “In summary, Dell's GM performance was well above ests, but most other results & comments were in-line w/ prior checks...
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A Peek Into The Market Before The Trading Starts
Wednesday, May 18, 2011 - 7:37am | 422Pre-open movers US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 26 points to 12,463.00 and futures on the S&P 500 stock...
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UPDATE: Citi Color on Dell Target Increase
Wednesday, May 18, 2011 - 7:36am | 127Citi, which raised its PT on shares of Dell (NASDAQ: DELL), is providing some color on the stock. “We reiterate a Buy rating on Dell shares on the heels of yet another significant gross margin surprise,” Citi writes. “Even if we assume sharp gross margin degradation in PCs for the remainder of the...
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UPDATE: Goldman Sachs Color on Dell Target Increase
Wednesday, May 18, 2011 - 7:34am | 156Goldman Sachs, which raised its PT on shares of Dell (NASDAQ: DELL), is providing some color on the stock. “We have adjusted our estimates due to stronger-than-expected gross margins, with our non-GAAP EPS for 2011/2012/2013 rising to $1.61/$1.43/$1.55 from $1.44/$1.40/$1.47,” Goldman Sachs writes...
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UPDATE: J.P. Morgan Downgrades Hewlett-Packard to Neutral (HPQ)
Wednesday, May 18, 2011 - 7:32am | 164J.P. Morgan is out with its report today on Hewlett-Packard (NYSE: HPQ), downgrading HPQ from Overweight to Neutral. In a note to clients, J.P. Morgan writes, "We are downgrading HP to Neutral from Overweight and removing the stock from the Analyst Focus List. Our revised Dec 11 price target is $...
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UPDATE: Bank of America Color on Hewlett-Packard Target Decrease
Wednesday, May 18, 2011 - 7:27am | 128Bank of America, which lowered its PT on Hewlett-Packard Company (NYSE: HPQ), reports that while it has been tempting to downgrade the stock from its Buy rating, “we view low valuation, a reset of expectations, and extremely negative sentiment as positives.” “Execution is needed before investor...
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BMC Increases PT on Dell to $19, Maintains Buy
Wednesday, May 18, 2011 - 7:20am | 53BMC increased its price target on Dell (NASDAQ: DELL) from $17 to $19. At the same time, BMC left its rating unchanged at Buy. On Tuesday, Dell lost 0.63% to close the day at $15.90. Its shares rebounded strongly in today's pre-market trading, however, surging 5.35% to currently stand at $16.75.
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UPDATE: J.P. Morgan Color on Dell PT Increase
Wednesday, May 18, 2011 - 7:15am | 127J.P. Morgan, which raised its PT on shares of Dell Inc. (NASDAQ: DELL), is providing some color on the stock. “We expect shares of Underweight-rated Dell to be upward-biased in the near term. Revenue missed the Street consensus for the third straight quarter, but gross margin once again...
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Why the President of Dell's Consumer Business is Unplugged from Reality: Tablets will Hurt the PC (DELL)
Wednesday, May 18, 2011 - 7:04am | 391"The tablet is still seen as a third device. It's not going to replace the smartphone. So far, it has not shown any opportunity to replace the notebook or the desktop computer," Steve Felice, President, Consumer, Small and Medium Business at Dell (NASDAQ: DELL) told CNBC on Wednesday. Well, that's...
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Deutsche Bank Raises PT On DELL To $20
Wednesday, May 18, 2011 - 6:55am | 26Deutsche Bank has raised the price target on Dell (NASDAQ: DELL) from $18 to $20 and maintains its Buy rating.
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US Stock Futures Up After Strong Dell Earnings; Fed In Focus
Wednesday, May 18, 2011 - 6:24am | 683US stock futures are higher this morning, after upbeat earnings from Dell Inc (NASDAQ: DELL). Investors are awaiting the minutes from the meeting of the US Federal Reserve. Futures on the Dow Jones Industrial Average surged 32 points to 12,469.00 and futures on the S&P 500 stock index rose 3.20...
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JP Morgan Downgrades Hewlett-Packard To Neutral, Lowers PT To $42
Wednesday, May 18, 2011 - 6:22am | 27JP Morgan has downgraded Hewlett-Packard (NYSE: HPQ) from Overweight to Neutral and has lowered the price target from $55 to $42.
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JP Morgan Raises PT On DELL To $17.50
Wednesday, May 18, 2011 - 6:18am | 26JP Morgan has raised the price target on Dell (NASDAQ: DELL) from $16.50 to $17.50 and maintains its Underweight rating.