Dell (DELL) PT Lowered to $53 at Citi

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Go back to Dell (DELL) PT Lowered to $53 at Citi

'Stirred but not shaken': Dell (DELL) stock slips as soft outlook outweighs solid beat

November 22, 2022 7:36 AM EST

Dell Technologies (NASDAQ: DELL) shares are down about 1.5% in pre-market Tuesday after the company issued soft guidance for its fourth quarter.

For the third quarter, Dell reported results that topped Wall Street estimates. The IT company reported adjusted EPS of $2.30 on revenue of $24.7 billion, better than the consensus for $1.61 per share and $24.4B, respectively.

"We combatted slower demand and... More