Dell Technologies (DELL) March weekly 92 straddle into quarter results
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Dell (DELL) PT Raised to $105 at TD Cowen
March 1, 2024 6:23 AM ESTTD Cowen analyst Krish Sankar raised the price target on Dell (NYSE: DELL) to $105.00 (from $75.00) while maintaining a Market Perform rating.
The analyst comments "Dell reported Jan '24 Rev/GM/EPS of $22.3B/ 24.5%/ $2.21, above consensus' view of $22.2B/ 23.6%/ $1.73, respectively. AI server backlog grew to $2.9B exiting F4Q24 and more importantly growth is starting to be felt in storage as well. FY25 sales were guided +5% Y/Y (above the LT CAGR), with AI accelerating ISG to up mid-teens%. Despite this solid execution, PC demand remains soft (CSG business expected to grow LSD% in FY25),... More
Loop Capital starts Dell Technologies at Buy, says company has an opportunity to alter the narrative
February 28, 2024 12:53 PM ESTLoop Capital analysts initiated Dell Technologies (NYSE: DELL) with a Buy rating and $125 price target in a research note on Wednesday.
The firm told investors they believe not only is there material upside to Street estimates through CY2026 / FY2027, but also... More
