Dell Technologies price target raised to $144 from $139 at Raymond James

Raymond James raised the firm’s price target on Dell Technologies (DELL) to $144 from $139 and keeps an Outperform rating on the shares, citing a push out of AI platforms and pull-in for PCs. The AI transition between GPU generations has been more disruptive than anticipated, and checks suggest PC purchases have been pulled forward in anticipation of tariffs, the analyst tells investors in a research note. Raymond James thinks Dell can maintain better than historic growth beyond 2025 when AI initiatives shift from training focused workloads to inferencing, with broadening enterprise adoption.