Underperforming Tech Giant Gets a Post-Earnings Boost
Tech leader Dell Technologies Inc (NYSE:DELL) is up 5.6% to trade at $125.92 at last check, after the company forecast its fourth-quarter revenue and profit above estimates, banking on AI server demand to keep growing. This came alongside better-than-expected third-quarter results of $2.59 earnings per share on revenue of $27.01 billion.Several analysts have hiked their price targets in response, including Mizuho to $175 from $170. There remains room for upgrades, too, with six covering brokerages sporting ...