Dell shares are trading higher amid strength in tech and AI-related stocks. Evercore ISI maintained an Outperform rating but cut its price target from $165 to $140.
Portfolio Pulse from Benzinga Newsdesk
Dell shares are trading higher due to strength in tech and AI-related stocks. Evercore ISI maintained an Outperform rating but reduced its price target from $165 to $140.
August 12, 2024 | 5:46 pm
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Dell shares are trading higher amid strength in tech and AI-related stocks. Evercore ISI maintained an Outperform rating but cut its price target from $165 to $140.
The positive sentiment in tech and AI sectors is driving Dell's stock higher. However, the reduced price target from Evercore ISI may temper some of the enthusiasm, but the maintained Outperform rating suggests continued confidence in Dell's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100