B of A Securities Maintains Buy on Dell Technologies, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Wamsi Mohan maintains a Buy rating on Dell Technologies but lowers the price target from $180 to $150.
August 22, 2024 | 10:54 am
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NEUTRAL IMPACT
B of A Securities has maintained its Buy rating on Dell Technologies but has lowered the price target from $180 to $150, indicating a more conservative outlook.
The maintenance of a Buy rating suggests continued confidence in Dell's performance, but the lowered price target reflects a more cautious stance on its future valuation. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100