AI-Summary – News For Tomorrow
Mizuho Securities’ Vijay Rakesh reaffirmed a Buy rating on Dell Technologies (DELL) with a $170 price target, contrasting with the stock’s current $150.87 closing price. Raymond James also reiterated a Buy rating with a $152 target. Rakesh boasts a strong track record, averaging 24.3% return and a 64.53% success rate. Despite a Moderate Buy consensus and a near-current consensus price target of $150.60, suggesting slight downside, insider sentiment is negative. Recent insider selling includes a significant transaction by Director SLTA V (GP), L.L.C. who sold 292,351 shares earlier this month.
News summary provided by Gemini AI.
In a report released today, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Dell Technologies, with a price target of $170.00. The company’s shares closed today at $150.87.
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Rakesh covers the Technology sector, focusing on stocks such as Micron, Broadcom, and Western Digital. According to TipRanks, Rakesh has an average return of 24.3% and a 64.53% success rate on recommended stocks.
Dell Technologies has an analyst consensus of Moderate Buy, with a price target consensus of $150.60, implying a -0.18% downside from current levels. In a report released today, Raymond James also reiterated a Buy rating on the stock with a $152.00 price target.
The company has a one-year high of $152.10 and a one-year low of $66.25. Currently, Dell Technologies has an average volume of 5.97M.
Based on the recent corporate insider activity of 168 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DELL in relation to earlier this year. Earlier this month, SLTA V (GP), L.L.C., a Director at DELL sold 292,351.00 shares for a total of $42,692,624.53.
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