UBS Downgrades Dell Stock to Neutral with Raised Price Target
On May 11, UBS analyst David Vogt downgraded Dell Technologies (DELL) stock from 'buy' to 'neutral', while raising the price target from $167 to $243. Despite acknowledging strong growth in Dell's AI business and supply-chain strategy, UBS cited valuation concerns as shares trade near all-time highs.
Tickers: $DELL
Topics: Dell Technologies price target increase stock downgrade UBS