Wells Fargo Maintains Overweight on Dell Technologies, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on Dell Technologies (NYSE:DELL) and increased the price target from $80 to $85.
December 01, 2023 | 1:26 pm
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Wells Fargo analyst Aaron Rakers maintains an Overweight rating on Dell Technologies and raises the price target from $80 to $85, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst typically signals a positive outlook on the company's future performance and can lead to increased investor confidence. This often results in a short-term positive impact on the stock price as the market reacts to the new information.
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