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Dell Technologies price target raised to $205 from $172 at BofA

BofA analyst Wamsi Mohan raised the firm’s price target on Dell Technologies (DELL) to $205 from $172 and keeps a Buy rating on the shares after having hosted CEO Michael Dell as part of the firm’s “View from the Top” CEO Call series. The call strengthened the firm’s view that Dell can compound EPS growth and free cash flow through the AI cycle due to their differentiated ability to deliver at scale, the analyst tells investors.

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