NEW YORK, February 16 (FinanceEnquiry.com) - Analyst Dylan Cathers at S&P Capital IQ downgrades rating on the shares of Dell Inc (NASDAQ: DELL) from Strong Buy to Buy. The 12-month target price is set to $19.

In a research note published this morning, the analyst mentions that Dell, Inc. is set to report Q4 results on February 21. The analyst expects EPS of $0.52, against $0.53, on revenues of nearly $16.2 billion. Revenue growth of 2.5% for the next year is also expected.  The modest gain shows continued global economic weakness, mainly in Europe; modest demand of customers for personal computers (PCs) and, shortage of hard disk drives, in the near term. Going forward, the analyst expects the Margins to improve, as Dell’s product mix moves towards enterprise solutions and services. The EPS estimate for financial year 2013 is set at $2.03, analyst Cathers adds.