Saturday, July 11, 2009

PREMARKET ALERT: Dell (DELL, WDC)

Dell Inc. (DELL) shares are up about 2 percent with about 10,000 shares traded as of 8 a..m. in the premarket, after Reuters reports that Goldman Sachs has raised Dell to a Buy from Neutral rating. The move comes ahead of Dell’s annual analyst gathering scheduled for July 13 and 14. Western Digital Corp. (WDC), which has not traded much at all in the premarket, also was raised to Neutral from Buy, as the firm raised its rating on the entire U.S. hardware sector to Attractive from Neutral.  — Mike Tarsala


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