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Fly News Breaks for March 1, 2019
DELL
Mar 1, 2019 | 07:11 EDT
Citi analyst Jim Suva raised his price target for Dell Technologies to $70 saying the company reported "solid" results with guidance slightly above expectations. The company plans to de-lever its debt which will help lower interest costs and increase cash flows, and investors are underestimating this positive benefit, Suva tells investors in a post-earnings research note. He maintains a Buy rating on Dell Technologies.
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