Large Cap Stock Movers (DELL, Sprint, BP, WFC)

Dell Inc. (NASDAQ:DELL) added 1.32% to $12.88 on over 3.15 million shares. The company said it is planning to launch its 7-inch tablet in the next few weeks and a 10-inch tablet within 6-12 months, Dell Greater China President Amit Midha said Wednesday.

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The company has joined a host of computer makers rushing to offer tablets, which are generally smaller than laptops but larger than cell phones, following the launch of Apple Inc.’s iPad about five months ago.

The stock moved in an intraday range of $12.61-$12.99. So far this year, the stock fell over 12%.

Sprint Nextel Corporation (NYSE:S) went up 0.92% to $4.64 with over 6.61 million shares. Over the past 52-weeks, the stock traded within the range of $2.78-$5.31. The stock is up more than 23% year-to-date.

The median Wall Street price target on the stock is $5 and the high target is set at $7 with majority of analysts have a Hold rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $4.36 and $4.35 respectively.

BP plc (ADR) (NYSE:BP) gained 0.99% to $39.68 after 9.16 million shares of trade. At current market price, the market capitalization of the stock stands at $124.31 billion.

Robert Dudley, the incoming chief executive of BP PLC, announced a shake-up of the oil giant’s senior ranks, including the removal of the head of exploration and production. In a statement, the firm said its upstream segment would be restructured from a single business into three divisions: exploration, development and production, each led by an executive vice president.

The company has Price/Sales ratio of 0.43 and Price/Book ratio of 1.44. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $37.61 and $42.95 respectively.

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Wells Fargo & Company (NYSE:WFC) lost 1.30% to $25.02 after 5.87 million shares. Over the past 52-week, the stock traded within the range of $23.02-$34.25. The stock is down more than 6% year-to-date.

The median Wall Street price target on the stock is $37 and the high target is set at $57 with majority of the analyst has a Buy rating on the company`s stock. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $25.38 and $28.50 respectively.

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