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Wajeeh Khan

YOU WONT BELIEVE: Barclays just downgraded dell stock heres why - What They Never Told You

Dell Barclays Tim Long Artificial Intelligence Dell Technologies

Dell Technologies (DELL) stock ended lower on Wednesday after Barclays questioned whether its extraordinary year-to-date rally had outpaced the business outlook. In his research note, analyst Tim Long downgraded DELL to “Equal Weight” and trimmed his price target to $574, matching the price at which the company closed its most recent session.

Despite today’s decline, Dell stock is trading at about 4x its price at the start of this year.

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