Morgan Stanley raised the firm’s price target on Dell Technologies to $152 from $128 and keeps an Overweight rating on the shares. Dell remains “the best way to play” building AI server momentum, inflecting storage demand, and an improving PC market, while capital returns and S&P inclusion are “added kickers,” contends the analyst. The firm, which names Dell as a “Top Pick,” now forecasts just over $8 of EPS in FY25 and $10.12 of EPS in FY26, which it calls out as 18% above consensus.
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