Dell Technologies price target raised to $195 from $180 at Goldman Sachs

Goldman Sachs analyst Katherine Murphy raised the firm’s price target on Dell Technologies (DELL) to $195 from $180 and keeps a Buy rating on the shares. In its 10K this week, the company disclosed that its headcount was down 10% year-over-year to 97,000 employees, the third consecutive year when headcount declined by 10%, which the view sees as supportive of the company’s guidance for operating expenses to grow low single digits in FY27, the analyst tells investors in a research note.