Dell (DELL) PT Lowered to $55 at Deutsche Bank
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Dell Falls on Guide Down and Negative Commentary, Analysts Note Weakening Demand
August 26, 2022 7:39 AM EDTShares of Dell Technologies (NYSE: DELL) are down over 4% as the PC makers results and guide-down imply a deteriorating macro environment.
Dell reported Q2 EPS of $1.68 to beat the analyst estimate of $1.64. Revenue for the quarter came in at $26.4 billion versus the consensus estimate of $26.61 billion.
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