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Fly News Breaks for January 15, 2019
DELL
Jan 15, 2019 | 05:10 EDT
UBS analyst John Roy started Dell Technologies with a Neutral rating and $48 price target. The analyst says uncertainty around Dell's end markets, its ability to grow, and a lack of catalysts keeps him Neutral on the shares. Dell's return to the public markets comes at a time when global growth looks to be slowing, Roy tells investors in a research note. Further, he believes consensus expectations for on-premises hardware spending look high.
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