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Fly News Breaks for August 7, 2019
DELL
Aug 7, 2019 | 17:56 EDT
Barclays analyst Tim Long initiated Dell Technologies with an Equal Weight rating and a price target of $53. The analyst points to the "very strong year" of comps and more intense competition in China. Long adds that Dell Technologies' next catalyst in servers is not until 2020, while its storage portfolio growth should be contained to low-to-mid single digits.
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