Check Out What Whales Are Doing With DELL
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Dell Technologies (NYSE:DELL), with 81% of the spotted trades being bearish. The whales have been targeting a price range from $55.0 to $85.0 for Dell over the last 3 months. The current price of DELL is down -0.57% at $70.33. Analysts from Barclays, UBS, Morgan Stanley, Wells Fargo, and Raymond James have maintained their ratings on Dell, with price targets ranging from $53 to $70.
September 13, 2023 | 7:46 pm
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NEGATIVE IMPACT
A significant investor has taken a bearish stance on Dell Technologies. Analysts from various firms have maintained their ratings, with price targets ranging from $53 to $70.
The bearish stance taken by a significant investor, coupled with the current downward trend in Dell's stock price, could potentially lead to a short-term decrease in the stock's price. However, the maintained ratings from analysts indicate a level of confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100