Dell (DELL) - Get Report was one of the few stocks in positive territory early on, having received some endorsements from brokerages. Banc of America Securities upped it to strong buy from buy, as did Robertson Stephens, and Bear Stearns raised the stock to buy from attractive. Dell lately was up 1 5/8 to 52 13/16.
Robbie Stephens also lifted
to strong buy from buy.
Warburg Dillon Read
to reduce from hold, a day after Aetna rejected a $70-a-share takeover offer from
WellPoint Health Networks
. It's rare that a Wall Street firm will unleash a rating below hold/neutral, but Warburg reportedly said it's concerned about Aetna management and its "ability to effectively manage the company through this tumultuous period."
U.S. Bancorp Piper Jaffray
to buy from neutral, setting a price target of 40.
Credit Suisse First Boston
cut its rating on
to buy from strong buy.
Thomas Weisel Partners
analyst Doug van Dorsten started coverage of
with a buy rating and a 12-month price target of 60.
set a 12-month price target for
Donaldson Lufkin & Jenrette
to buy from market performer.
said it started coverage of
as a strong buy.
Thomas Weisel analyst Keith Gay initiated coverage on
with a buy rating.