Dell Analyst Says Expanding AI Server Pipeline Could Drive Double-Digit Earnings Growth

In a Friday note, JP Morgan analyst Samik Chatterjee maintained an Overweight rating on Dell Technologies Inc DELL with a price target of $150.Chatterjee hosted Dell’s Paul Frantz, VP of Investor Relations, for an investor meeting following the company’s fourth-quarter earnings.Dell reported quarterly revenue of $23.9 billion, up 7% year over year, but missed the analyst consensus estimate of $24.6 billion.Also Read: Supermicro Taps Intel Chips To Power Real-Time AI At The Edge, Eyes Growth In IoT And Healt ...