Stock Insights: Dell, Rockwood Holdings, Chesapeake, Express, Nuance Communications May 23rd

Dell Inc. (NASDAQ:DELL): Credit Suisse believes Dell remains challenged given end market exposure and peaking gross margins. Shares are Underperform rated.

Rockwood Holdings Inc. (NYSE:ROC): Morgan Stanley said Rockwood’s valuation does not reflect industry trends and overly discounts European concerns near-term. Shares are Outperform rated.

Chesapeake Energy Corporation (NYSE:CHK): JPMorgan believes Chesapeake’s asset sales could fall below the company’s expectations, which the firm says could lead to amended covenants and deeper capex cuts. JPMorgan maintains an Underweight rating on Chesapeake shares.

Express Inc. (NYSE:EXPR): After Express reported lower than expected Q1 EPS, BMO Capital spoke with the company’s management and is confident that the issue which caused the miss should be resolved by Fall. The firm thinks that the sell-off was overdone and it lowered its target to $25 from $30 but maintains an Outperform rating.

Nuance Communications, Inc. (NASDAQ:NUAN): ThinkEquity believes that Nuance recently reported strong Q2 results. The firm believes that there is a very good chance that the stock will advance in the near-term and it maintains a Buy rating.

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