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Dell target lifted after strong quarter

Aug. 30, 2019 2:43 PM ETHP, DELLBy: Brandy Betz, SA News Editor5 Comments
  • Raymond James maintains an Outperform rating on Dell (NYSE:DELL) after yesterday's earnings report and lifts the target by a dollar to $62.
  • "The report leads us to reaffirm our view that Dell is a nice house in a tough neighborhood," says analyst Simon Leopold, referring to the global slowdown for the PC market.
  • Dell shares are up 8.9% to $50.98. PC peer HP (NYSE:HP) is up 1.3% to $18.33.

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