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Dell Technologies price target raised to $135 from $128 at Citi

Citi raised the firm’s price target on Dell Technologies (DELL) to $135 from $128 and keeps a Buy rating on the shares. Dell reported mixed quarter with revenue above and earnings below expectations, the analyst tells investors in a research note. The firm says that despite macro headwinds, management reaffirmed the full-year revenue outlook. It believes Dell’s “robust” artificial intelligence momentum is offsetting macro headwinds in enterprise.

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