"While Dell’s (DELL) shares have been under pressure and valuation looks attractive," Merrill...

|About: Dell Inc. (DELL)|By:, SA News Editor

"While Dell’s (DELL) shares have been under pressure and valuation looks attractive," Merrill downgrades Dell, "given our view of a sharp downturn in the PC market, and a lack of catalysts to either reignite growth or gain share in the next few quarters." Shares -4.5%, HPQ -4%, JAVA -4.1%.