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Morgan Stanley Stick to Their Buy Rating for Dell Technologies

Published 04/08/2021, 08:26 AM
Updated 04/08/2021, 08:26 AM


Morgan Stanley (NYSE:MS) analyst Kathryn Huberty maintained a Buy rating on Dell Technologies (NYSE:DELL) on Thursday, setting a price target of $107, which is approximately 16.93% above the present share price of $91.51.

Huberty expects Dell Technologies to post earnings per share (EPS) of $1.64 for the second quarter of 2021.

The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Dell Technologies, with an average price target of $92.56.
The analysts price targets range from a high of $107 to a low of $80.

In its latest earnings report, released on 01/31/2021, the company reported a quarterly revenue of $26.11 billion and a net profit of $2.18 billion. The company's market cap is $69.79 billion.

According to TipRanks.com, Morgan Stanley analyst Kathryn Huberty is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 14.8% and a 63.20% success rate.

Dell Technologies Inc. is a multinational information technology company which is engaged in providing hardware and software services solutions. The comapny, through its Client Solutions Group (CSG), sells desktops, notebooks, workstations, third-party software and peripherals. Meanwhile, it offers storage, networking and servers as well as attached software and peripherals through its Infrastructure Solutions Group (ISG). Under the VMware (NYSE:VMW) division, the company provides cloud management, compute, storage and availability, networking and security, and other end-user computing solutions.

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