JPMorgan Raises Dell Stock Price Target to $500 Following Strong Earnings
Following strong earnings results and positive AI order momentum, JPMorgan analyst Samik Chatterjee raised his price target for Dell Technologies (DELL) from $280 to $500. The increase is attributed to a $60 billion AI revenue outlook and an expanding backlog of $51 billion in orders.
Topics: AI Revenue Outlook Dell Earnings JPMorgan