Dell: Analyst Sees a Potential Double

Dell (DELL) isn’t dead yet. And in fact, Craig-Hallum analyst Christian Schwab this morning goes so far as to suggest the stock offers investors a potential double. Asserting in a research note this morning that the company can still “get its groove back,” Schwab this morning launched coverage of the stock with a Buy rating and a $19 price target–that’s nearly twice yesterday’s close at $9.83, and higher than the 22 other Dell price targets tracked by Thomson/First Call.

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