Dell Technologies price target raised to $150 from $144 at Raymond James

Raymond James raised the firm’s price target on Dell Technologies (DELL) to $150 from $144 and keeps an Outperform rating on the shares. Dell’s Q1 report reflected a beat on the top-line, and while adjusted EPS missed expectations, the outlook for fiscal 2026 EPS was higher, the analyst tells investors in a research note. Non-GAAP EBIT was largely unchanged vs. the firm’s prior estimate, highlighting the continued margin challenges that AI servers present in the immediate term.