Dell Technologies price target raised to $165 from $145 at JPMorgan

JPMorgan raised the firm’s price target on Dell Technologies (DELL) to $165 from $145 and keeps an Overweight rating on the shares following the investor event. All the key metrics shared by management exceeded JPMorgan’s expectations, the analyst tells investors in a research note. The firm views Dell’s long-term targets as a positive surprise but says its margins remain a “show-me” story.