Latest Analyst Views on Coatue’s Favorite 33 AI Stocks

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25. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63 

Citi analyst Asiya Merchant recently raised the price target on Dell Technologies Inc. (NYSE:DELL)  to $128 from $105 and kept a Buy rating on the shares as part of an earnings preview for the North America hardware group. Dell designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services. In an investor note, the analyst noted that the advisory increased estimates slightly to reflect upside revision to Citi’s US real GDP growth forecast and first half of the year PC pull forward. Looking ahead, Citi continued to see fundamental pressures on enterprise capex spending as long as tariff uncertainty loomed. The analyst thinks the companies could see pushouts and lengthening sales cycles amid rising economic uncertainty and weakening business sentiment.

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