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Fly News Breaks for November 21, 2019
DELL
Nov 21, 2019 | 05:34 EDT
Nomura Instinet analyst Jeffrey Kvaal initiated coverage of Dell Technologies with a Neutral rating and $60 price target.
News For DELL From the Last 2 Days
DELL
Apr 18, 2024 | 21:58 EDT
UBS raised the firm's price target on Dell Technologies to $141 from $113 and keeps a Buy rating on the shares. The firm contends that global AI related servers should increase 48% and 21% in 2024 and 2025 respectively, directionally acting as a tailwind for Dell's Infrastructure Solution Group / Server business despite sluggish legacy enterprise demand, the analyst tells investors in a research note. UBS adds however that it reduces its FY25 Client Solutions Group segment revenue forecast lower by 3.4% due to a slower PC recovery.
