Analyst raises DELL target by $220 after fiscal first-quarter results exceed expectations and highlight broad-based growth.
Bernstein increased its price target for Dell Technologies to $500 from $280 while maintaining an Outperform rating. The adjustment follows Dell’s fiscal Q1 results, which the firm described as “exceptionally strong.”
The analyst noted Dell is “firing on all cylinders,” signaling robust performance across its business segments. No prior consensus or comparable period targets were provided in the note.
The firm did not detail immediate market reaction to the revised target or rating.