UBS lowered the firm’s price target on Dell Technologies (DELL) to $167 from $186 and keeps a Buy rating on the shares. Dell reported strong AI demand, while commodity inflation is more of a fiscal 2027 impact, the analyst tells investors in a research note.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DELL:
- Dell Technologies price target raised to $113 from $110 at Morgan Stanley
- Dell Technologies price target raised to $175 from $170 at Mizuho
- Dell Technologies: AI Server Growth and Cost Management Positives Balanced by Commodity Risks and Flat Storage Segment
- Sell Recommendation for Dell Technologies Amid AI Success and Memory Supercycle Concerns
- Dell Technologies price target raised to $163 from $160 at BofA