AI PCs made up 14% of quarterly personal computer shipments, Canalys says
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Dell (DELL) PT Raised to $160 at JPMorgan, Added to Analyst Focus List
August 15, 2024 5:07 AM EDTJPMorgan analyst Samik Chatterjee raised the price target on Dell (NYSE: DELL) to $160.00 (from $155.00) while maintaining a Overweight rating.
The analyst comments "Following Dells last earnings report (5/30) as well as the latest datapoints from Super Micros results, shares of Dell have significantly underperformed other AI beneficiaries as well as the broader market (-39% vs. -5% for AI Stocks and +4% for S&P 500), led in part by investor concerns around margin pressures being indicative of elevated levels of competition disrupting the AI Server market. However, it is important for investors... More
Dell (DELL) PT Lowered to $155 at Citi
August 15, 2024 4:57 AM EDTCiti analyst Asiya Merchant lowered the price target on Dell (NYSE: DELL) to $155.00 (from $170.00) while maintaining a Buy rating.
The analyst comments "We tweak our rev estimates slightly higher to reflect a modestly improving top-line, driven by positive datapoints on recovering general-purpose-infrastructure... More
