Bank of America Raises Price Target for Dell Technologies Amid Growing AI Infrastructure Demand
Bank of America raised its price target for Dell Technologies (DELL) to $246 from $205, citing increased demand for AI infrastructure. The firm also reiterated a Buy rating, highlighting Dell's growing role in AI servers and storage. The move follows a $1.4 billion AI infrastructure deal with Boost Run, signaling rising enterprise demand for AI solutions.
Tickers: $DELL
Topics: AI Infrastructure Analyst Report Dell Technologies Market Trends Stock Price Target