Argus analyst Jim Kelleher raised the firm’s price target on Dell Technologies (DELL) to $200 from $150 and keeps a Buy rating on the shares. The firm cites the company increasing its long-term financial framework mainly to reflect the unfolding AI opportunity, the analyst tells investors in a research note. Based on AI momentum across the company and prospects for second-half FY26 margin expansion, Argus also notes that Dell is poised for outperformance and continued share gains.
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