Dell: Merrill Ups to Buy

Bank of America/Merrill Lynch (BAC) analyst Scott Craig this morning lifted his rating on Dell to Buy from Neutral, setting an $18 price target on the stock, which yesterday closed at $13.55.

Craig writes in a research note that he still thinks “long-term challenges remain” for Dell (DELL) and its business model.” But he notes that the stock is down 12% since November on skepticism around gross margin. “Low investor sentiment, high short interest, compressed valuation, possible enterprise refresh and likely positive EPS revisions position the shares for better performance in 2010,” he writes.

Read the rest of this post on the original site

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »