Citi raises Dell price target for remainder of 2026
Citi increased its Dell Technologies price target for the rest of 2026, citing strong second-quarter results that come as hardware demand benefits from the AI infrastructure boom.
Dell Technologies NYSE:DELL is emerging as one of the clearest hardware beneficiaries of the AI infrastructure boom, with second-quarter results strong enough to trigger major price-target increases from Morgan Stanley NYSE:MS, Goldman Sachs and Citigroup.
Revenue surged 59% year over year to $47 b…