Dell (DELL) PT Raised to $76 at BofA Securities

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This IT Hardware stock remains a top pick at Morgan Stanley after latest CIO survey

October 10, 2023 9:53 AM EDT

IT hardware budgets are now stabilizing, according to Morgan Stanley analyst Erik Woodring in a note Tuesday. As a result, one stock in the sector stands out for the firm and remains their top pick.

Woodring questioned whether the spending stabilization may already be priced in but said it... More