Dell Technologies price target raised to $110 from $101 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Dell Technologies (DELL) to $110 from $101 and keeps an Underweight rating on the shares. While noting that Dell guided 28% above the firm’s prior FY27 EPS forecast, the firm says it still struggles to model pricing, demand and margins all being favorable year-over-year amid “a once-in-a-generation memory cycle.”