Truist initiated coverage of Dell Technologies (DELL) with a Hold rating and $170 price target The firm is cautious around Dell’s exposure to higher memory cost inflation and the company’s “shrinking” gross margins amid its mix shift to AI servers.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DELL:
- Bearish options flow identified in Dell Technologies with shares down 4.59%
- TSS, Inc. initiated with a Buy at Needham
- Enterprise, Dell, Lululemon, Conocophillips, Nu: Insider Shockwaves
- Here’s Why Top Evercore Analyst Boosted Dell Stock Price Target to Street High
- Intel Stock (NASDAQ:INTC) May Be Part of the Greatest Laptop Around, But Shares Plunge Anyway