Susquehanna analyst Mehdi Hosseini lowered the firm’s price target on Dell Technologies (DELL) to $105 from $120 and keeps a Neutral rating on the shares. The firm updated its estimates following its Q4 results as guidance came in below expectations, thought the $10B share repurchase does provide some ammunition.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DELL:
- Morning Movers: Bloom Energy higher following quarterly results
- Dell Technologies price target lowered to $150 from $158 at UBS, buy weakness
- Dell report ‘better than feared across the board,’ says Morgan Stanley
- Dell Technologies Positioned for Strong Growth: AI Server Expansion and Financial Confidence Justify Buy Rating
- Dell Technologies: Strong Financial Outlook and Strategic AI Positioning Reinforce Buy Rating
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue