Dell Technologies Upgraded to 'Overweight' by Barclays Amid AI Growth Prospects, Nutanix Downgraded to 'Equal Weight'

Barclays has upgraded Dell Technologies (DELL) to "Overweight" from "Equal-Weight," citing strong AI server orders and stable operating margins. Dell's effective expense management and growth in enterprise server and storage sectors are seen as key positives. Conversely, Nutanix (NTNX) was downgraded to "Equal Weight" from "Overweight," with its price target reduced to $53 from $64.