Barclays Maintains Equal-Weight on Dell Technologies, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Dell Technologies (NYSE:DELL) and raised the price target from $45 to $53.
September 01, 2023 | 1:37 pm
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Barclays has maintained an Equal-Weight rating on Dell Technologies and raised the price target from $45 to $53, which could potentially lead to an increase in the stock price.
The increase in price target by Barclays indicates a positive outlook for Dell Technologies. This could potentially lead to an increase in the stock price as it suggests that the stock is undervalued at its current price. The Equal-Weight rating suggests that the stock is expected to perform in line with the sector average.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100