Bank of America Securities maintains its Buy rating on Dell Technologies (DELL) with analyst Wamsi Mohan's price target currently sitting at $180 per share. The Market Domination team reviews Mohan's note, which underlines the opportunities for the computer company within sovereign AI. Morgan Stanley reiterated its "top pick" status for Dell on Monday, which has an Overweight rating on the stock. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Dell is assembling half of the racks for xAI's supercomputer, Musk said on X. In a reply to another post enquiring about the second partner, the billionaire said "SMC" - referring to server maker Super Micro. San Francisco-based Super Micro, known for its close ties with chip firms like Nvidia and its liquid-cooling technology, confirmed the partnership with xAI to Reuters.
Key Insights Using the 2 Stage Free Cash Flow to Equity, Dell Technologies fair value estimate is US$141 Current share...