tiprankstipranks

Dell Technologies price target raised to $218 from $155 at TD Cowen

TD Cowen analyst Krish Sankar raised the firm’s price target on Dell Technologies to $218 from $155 and keeps a Hold rating on the shares. The firm said the raised FY25 outlook was a key positive, but the October quarter guide for server demand to be down and flat AI server backlog of $3.8B, could temper near-term sentiment.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue