TD Cowen analyst Krish Sankar raised the firm’s price target on Dell Technologies (DELL) to $125 from $120 and keeps a Hold rating on the shares. The firm said the $12B+ in April quarter AI server orders and anticipated July quarter AI shipments of roughly $7B were key positives in F1Q. Macro possibly a modest headwind for traditional server and consumer demand while tariffs and commodity costs are inflationary factors.
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Read More on DELL:
- Dell Technologies price target raised to $135 from $126 at Morgan Stanley
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- Dell Technologies price target lowered to $145 from $150 at UBS
- Dell Technologies: Hold Rating Amid Mixed Signals and AI-Driven Challenges
- Dell Technologies price target raised to $150 from $144 at Raymond James
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