DELL pops 5.5% premarket after Goldman's weekend 2-notch upgrade of the stock to Buy from Sell,...

|By:, SA News Editor
DELL pops 5.5% premarket after Goldman's weekend 2-notch upgrade of the stock to Buy from Sell, along with a hike in the price target to $13 from $9. Bad news on the PC front is baked in, says Goldman, and the strong balance sheet should provide downside support and maybe set the stage for an LBO or recapitalization.