Dell Stock Rises Amid AI Optimism From Bank of America Analyst
Dell Technologies(DELL) Investopedia·2024-06-14 04:50
Key TakeawaysDell Technologies stock may see significant outperformance next year due to "multiple catalysts," according to a Bank of America (BofA) analyst.The BofA analyst said in a report that artificial intelligence (AI) hardware demand will send Dell's earnings higher.BofA maintained a "buy" rating on Dell's stock, as well as the firm's $180-per-share price target. Dell Technologies (DELL) stock has the potential to significantly outperform next year because of “multiple catalysts,” including artificia ...