Wall Street Pushes Dell’s AI Run Again But Sends a Caution
Dell Technologies shares climbed over 10% in early Friday trading, as more Wall Street analysts raised their price targets on the stock riding a rally fueled by AI server demand. Wells Fargo hiked its target on Dell to $270 from $180. Morgan Stanley also boosted its target, moving it up to $170 from $110, but stuck with an Underweight rating, meaning it thinks investors should have less Dell than the benchmark suggests.