Deutsche Bank lowered the firm’s price target on Dell Technologies (DELL) to $142 from $144 and keeps a Buy rating on the shares. The firm updated forecasts post the company’s Q3 results. It views last week’s double-digit pull back post the results as a buying opportunity, given its view that the fundamental catalysts across the business remain intact, and are more deferred “than anything.”
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on DELL:
- Unusually active option classes on open November 29th
- Dell and HP forecasts spark selloffs: Morning Buzz
- Dell Technologies falls -12.9%
- Dell Technologies price target lowered to $150 from $155 at Mizuho
- Analysts Reiterate Buy Ratings on Dell Technologies (DELL) Stock
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
%20Expected%20to%20Beat%20Earnings%20Estimates%3A%20Should%20You%20Buy%3F%20%7C%20Nasdaq&_biz_n=10&rnd=762506&cdn_o=a&_biz_z=1743105420003)
