Raymond James Analyst Raises Dell Technologies Price Target to $152

Analyst Simon Leopold from Raymond James has raised Dell Technologies' (DELL) price target to $152, maintaining an "Outperform" rating. This follows several other notable rating actions, with analysts consistently raising their price targets. The average target price for DELL is $143.17, indicating an 18.68% upside from the current price of $120.64. The estimated GF Value for DELL is $89.92, suggesting a 25.46% downside from the current price.

In a significant move, analyst Simon Leopold from Raymond James has increased Dell Technologies' (DELL) price target to $152, maintaining an "Outperform" rating. This latest update follows a series of positive rating actions from analysts, who have consistently raised their price targets for the technology giant [1].

The average target price for DELL currently stands at $143.17, indicating an 18.68% upside from the current price of $120.64. This upward trend suggests that analysts are optimistic about the company's future prospects. Additionally, the estimated GF Value for DELL is $89.92, which implies a 25.46% downside from the current price [1].

The latest rating action by Raymond James highlights the growing confidence among analysts in Dell Technologies' ability to navigate the competitive technology sector. The company's recent performance, including analyst upgrades and increased target prices, underscores its potential for growth and profitability.

Investors should closely monitor the ongoing developments in the technology sector and consider the implications of these rating actions on their investment decisions. As always, it is essential to conduct thorough research and consult with financial advisors before making any investment choices.

References:
[1] https://www.marketbeat.com/stocks/NYSE/DELL/forecast/