Reported 2 days ago
UBS has raised its price target for Dell Technologies Inc. (NYSE:DELL) from $155 to $186, maintaining a Buy rating due to a strong outlook for AI server revenue growth. This revision comes as Dell predicts earnings per share growth of over 15% and has increased its long-term revenue growth target to 7%-9%. UBS has also adjusted its long-term EPS growth rate prediction upwards to at least 12%, reflecting confidence in Dell's ability to sustain its margins without significant declines.
Source: YAHOO