Shares of Dell Technologies Inc (NYSE:DELL) are trading flat Thursday afternoon after being swept up in broader market weakness on Wednesday that impacted technology and AI-related stocks. This volatility comes just a week before the company’s fiscal second-quarter earnings report, scheduled for release on Thursday, August 28.
What To Know: Despite the stock pulling back 9% over the past week, analyst commentary paints a positive picture for Dell’s AI server business. Bank of America analyst Wamsi Mohan recently reiterated a Buy rating on the stock, maintaining a price target of $165.
-copy-dd1f2bf0.jpeg?w=600)
