Morgan Stanley Maintains Overweight on Dell Technologies, Lowers Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Overweight rating on Dell Technologies but has lowered the price target from $142 to $136.
August 29, 2024 | 12:57 pm
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NEUTRAL IMPACT
Morgan Stanley has maintained its Overweight rating on Dell Technologies, indicating continued confidence in the stock, but has adjusted the price target downwards from $142 to $136.
The Overweight rating suggests that Morgan Stanley still sees Dell as a strong investment, but the lowered price target indicates a slight reduction in expected upside. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100