Bernstein Maintains Outperform on Dell Technologies, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Toni Sacconaghi maintains an Outperform rating on Dell Technologies (DELL) and raises the price target from $90 to $120.
March 01, 2024 | 11:17 am
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Bernstein analyst Toni Sacconaghi maintains an Outperform rating on Dell Technologies and raises the price target from $90 to $120.
The upgrade in price target by a reputable analyst like Toni Sacconaghi signals a strong bullish sentiment towards Dell Technologies. This is likely to positively influence investor perception and could lead to a short-term increase in stock price, given the higher price target suggests an expectation of strong performance or undervaluation at previous levels.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100