Wells Fargo Says DELL Has ‘More Room to Run’ as AI Server Leader

Dell Technologies Inc. (NYSE:DELL) is one of the AI Stocks Investors Are Watching Right Now. On August 13, Wells Fargo reiterated the stock as “Overweight” stating that the shares of Dell have more room to run.

“We continue to see Dell as best-positioned AI server momentum story.”

Analysts on Wall Street currently have a consensus “Buy” rating on the stock. The average price target of $145 implies a 4.22% upside; however, the Street-high target of $165 implies an upside of 18.6%.

Dell Technologies Inc. (NYSE:DELL) provides IT solutions, including servers, storage, networking, and personal computing devices, to businesses and consumers worldwide.

Wells Fargo Says DELL Has ‘More Room to Run’ as AI Server Leader

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While we acknowledge the risk and potential of DELL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than DELL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None.