Morgan Stanley Stays Underweight on DELL Despite Strong AI Server Momentum

Dell Technologies Inc. (NYSE:DELL) is one of the AI Stocks on the Market’s Radar. On November 26, Morgan Stanley raised its price target on the stock to $113.00 from $110.00 while maintaining an “Underweight” rating on the stock. According to firm analysts, Dell’s strong AI server business is a standout accounting for more than 100% of the company’s fourth-quarter revenue guidance upside and the majority of EPS upside as compared to firm estimates and consensus. AI server orders surged more than 150% dur ...