Dell Stock Drops on Disappointing Sales Outlook, Analysts Remain Optimistic

Reported about 20 hours ago

Dell's shares fell sharply following a lackluster quarterly sales report and a lower-than-expected annual revenue forecast. Despite this, analysts, including those from UBS and JPMorgan, view the decline as a potential buying opportunity, citing anticipated growth in demand for AI-related infrastructure and a rebound in PC sales. UBS has advised clients to 'buy any weakness' in Dell shares, as they expect a recovery that could lead to significant gains.

Source: YAHOO

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