4 Tech Stock Stories for Thursday Download

Dell (NASDAQ:DELL): Current price $13.79

Analysts still seem to think that the leveraged buyout of Dell can make a go if it, even if certain shareholder groups are not happy with the $13.65 per share bid. On Wednesday, Toni Sacconaghi at Bernstein Research lowered his rating from Outperform to Market Perform, but he did keep his $15 price target, noting that “Ultimately, we believe that the company’s proposed MBO will likely be successful (at or modestly above the current offer of $13.65 a share). We note that a small risk exists that shareholders will not approve the deal, which would likely create material near-term downside for the stock, but overall, we see the risk-reward for the stock as being largely in balance.”

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