Susquehanna Boosts Estimates on Dell (NASDAQ: DELL)

Susquehanna Boosts Estimates on Dell (NASDAQ: DELL)

Susquehanna analysts boosted estimates on shares of Dell, Inc (NASDAQ: DELL) through 2012 saying the company is seeing higher corporate sales. The analysts reiterated a “neutral” rating in a research note to investors on Friday.

Dell Inc. (Dell) is a holding company, which conducts its business globally, through its subsidiaries. It offers a range of product categories, including mobility products, desktop personal computers (PCs), software and peripherals, servers and networking, and storage. The services include a range of configurable information technology (IT) and business related services, including infrastructure technology, consulting and applications, and business process services. The Company operates in four global business segments: Large Enterprise, Public, Small and Medium Business, and Consumer. On November 3, 2009, Dell completed the acquisition of Perot Systems Corporation (Perot Systems). In fiscal 2009, the Company completed the acquisition of The Networked Storage Company, MessageOne, Inc. and Allin Corporation.

Shares of Dell traded up 0.25% hitting $12.07 during mid-day trading on Friday.

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