PC maker Dell Inc. (DELL) on Tuesday caught some tepid commentary from analysts at Jefferies & Co.

The firm maintained its “Hold” rating on DELL but cut its price target from $15 to $13. That new target suggests a 9% upside to the stock’s Monday closing price of $11.95.

Jefferies also lowered its fiscal first quarter and full-year 2013 earnings estimates for the company, citing multiple factors, including:

• Softening PC demand over the past month,
• Tablet competition from Microsoft (MSFT),
• Competition from Chinese I.T. firm Huawei (which is a Windows 8 launch partner),
• Risks that OEMs may not initially embrace new Windows 8 hybrid tablet/notebooks, and
• A cautious outlook on Windows 8′s real impact on PC demand.

Dell shares posted modest gains in premarket trading Tuesday.

The Bottom Line
Shares of Dell (DELL) are getting set to announce their first-ever dividend payout dates. Based on the payout amount indicated, the stock would have a 2.68% dividend yield, based on last night’s closing stock price of $11.95.

Dell Inc. (DELL) is not currently rated by Dividend.com.

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