Dell Stock (DELL) Will Rise Further, Says Five-Star Analyst

Bank of America (BAC) has raised its price target on Dell Technologies (DELL) even though the shares are currently trading near an all-time high. Wamsi Mohan, a top five-star rated analyst, writes in a note to clients that Dell will continue to benefit from “very robust” demand for artificial intelligence (A.I.) servers during an Asia supply-chain review. Bank of America remains bullish on DELL stock, saying the company’s $50 billion fiscal 2027 A.I.-server revenue guide “could end up conservative.” As a ...