Worst Analyst Call Of The Week: Cowen Starts Dell At Neutral

On August 15, Cowen & Company initiated coverage of Dell at "neutral". Dell had already disclosed problems with batteries in over four million computers and was about to announce a quarter that almost everyone on Wall St thought would be weak.

So, for stating the obvious, Cowen takes the cake.

Douglas A. McIntyre can be reached at douglasamcintyre@gmail.com. He does not own securities in companies that he writes about.