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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Ed Forrest who wrote (152457)1/27/2000 6:14:00 PM
From: Sam Bose  Read Replies (1) | Respond to of 176387
 
Ed,

There were three downgrades today actually, from Deutche Bank Alex Brown, S&P Market Scope, and S.G. Cowen. But the upgrades from Fortuna at Merrill and Niles at Robbie Stephens were the most influential. The full list of Analyst actions on DELL today along with their comments and some price targets are given below:

1/27/00 AG Edwards reiterates accumulative, warned revenue and EPS would short fall of expectations, also said it expects revenue of about $6.7 billion for 4Q

1/27/00 Deutsche Banc Alex Brown downgrade from strong buy to buy, preview F4Q 00 results below expectations, 00 estimates $0.68 and 01 estimates $0.86

1/27/00 First Boston reiterates strong buy, pre-announces 4Q FY 00 shortfall, 99 estimates $0.53 and 00 estimates $0.68

1/27/00 Hambrecht & Quist upgraded market perform to buy, pre-announces quarter below expectations, management lowers guidance for FY ’01, lowered FY ’01 est. $1.02 to $0.88

1/27/00 Ing Baring Furman Selz reiterates buy, you heard it right...DELL misses again

1/27/00 JP Morgan reiterates buy, pre-announcement of 0.05 shortfall to EPS

1/27/00 Merrill Lynch upgraded from 3-1 to 1-1 despite disappointing Q all the bad news is behind the stock, target $52

1/27/00 Prudential reiterates strong buy, target $49, pre-anounced lower than expected revenue & margins for 4Q, 4Q demand was weak due to Y2K & Intel supply constraint, lowered FY00 & FY01

1/27/00 S & P Market Scope downgraded from buy to accumulate on pre-announced shortfall

1/27/00 SG Cowen downgraded to buy, lowering target from $55 to $45, revenue shortfall blamed on Intel supply situation and Y2K effects, EPS est. FY 00 $0.80

Best Wishes,

Sam