JPMorgan Starts Dell Technologies (DELL) at Overweight

December 28, 2018 5:35 AM EST
Get Alerts DELL Hot Sheet
Price: $95.80 -0.68%

Rating Summary:
    17 Buy, 17 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 12 | Down: 25 | New: 41
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JPMorgan analyst Paul Coster initiates coverage on Dell Technologies (NASDAQ: DELL) with a Overweight rating and a price target of $60.00.

The analyst views the company as a Top Pick in IT Hardware which justifies the premium multiple according to a morning research note. Coster believes the company's improved integration of EMC and VMWare will help Dell recapture share in IT infrastructure and make it one-stop IT shop for customers in all geographies and market segments.

For an analyst ratings summary and ratings history on Dell Technologies click here. For more ratings news on Dell Technologies click here.

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