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JPMorgan Hikes Dell Price Target to $280: Memory Concerns Fade as AI Server Story Powers On
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JPMorgan Hikes Dell Price Target to $280: Memory Concerns Fade as AI Server Story Powers On
The post JPMorgan Hikes Dell Price Target to $280: Memory Concerns Fade as AI Server Story Powers On appeared first on 24/7 Wall St.. Quick Read JPMorgan raised its Dell Technologies (DELL) price target to $280 from $205 on easing memory cost headwinds and accelerating AI server earnings power. Dell’s $43 billion AI backlog and $50 billion FY2027 server revenue guidance position the company for durable multi-quarter earnings growth despite va…
·New York, United States
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