Citigroup Maintains Buy on Dell Technologies, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant maintains a Buy rating on Dell Technologies (NYSE:DELL) but lowers the price target from $170 to $155.
August 15, 2024 | 11:03 am
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Citigroup analyst Asiya Merchant maintains a Buy rating on Dell Technologies but lowers the price target from $170 to $155.
The Buy rating suggests continued confidence in Dell Technologies' long-term prospects. However, the lowered price target indicates some caution regarding short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100