Dell Technologies (DELL) Stock: $53 Price Target And Equal-Weight Rating

Apr 4th, 2022 9:04 EST
  • The shares of Dell Technologies Inc (NYSE: DELL) have received a $53 price target from Barclays. These are the details.

The shares of Dell Technologies Inc (NYSE: DELL) have received a $53 price target from Barclays. And Barclays analyst Tim Long is maintaining an “Equal-Weight” rating on the shares.

Long had reduced the PC estimates on the looming PC market correction. And Long sees downside risks to demand as supplies ease further. Plus enterprise tailwinds are not enough to offset consumer/education weakness, according to Long.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.

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