Evercore ISI analyst Amit Daryanani lowered the firm’s price target on Dell Technologies (DELL) to $160 from $180 and keeps an Outperform rating on the shares, which are also being added to the firm’s “Tactical Outperform” list ahead of the company’s January-end quarter earnings report on February 26. Given given strong near-term demand trends across traditional hardware and AI compute, the analyst expects upside to current revenue and EPS expectations of $31.4B and $3.52, the analyst tells investors in a preview.
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