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Dell stock is down 20% this week: Buy, sell, or hold?

Dell stock is down 20% this week: Buy, sell, or hold?

Photo: Finbold

Dell (NYSE: DELL ) stock has fallen 18.2% this week, last closing at $473.39 on October 15 after losing no less than 11% in the previous session. Is the stock a buy, hold, or sell? According to the latest Wall Street call, the answer is hold, as Barclays analyst Tim Long downgraded the stock from “Overweight” to “Equal-Weight” and reduced his Dell share price target from $603 to $574 on October 15.

Source: Finbold

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