TheNewsRoom | UBS Raised Its PT For Dell To $19, Maintained Its Buy Rating

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UBS Raised Its PT For Dell To $19, Maintained Its Buy Rating

August 16, 2011

UBS raised its price target for Dell (NASDAQ:DELL) to $19 from $18.70 and maintained its buy rating on the stock.Dell has a potential upside of 21.8% based on a current price of $15.3 and an average consensus analyst price target of $18.64.Dell is currently below its 50-day moving average (MA) of $16.15 and should find support at its 200-day MA of $14.96.