Citigroup Believes Dell Technologies Inc (DELL) Still Has Room to Grow


Citigroup analyst Jim Suva maintained a Buy rating on Dell Technologies Inc (DELL) today and set a price target of $70. The company’s shares closed on Friday at $56.65, close to its 52-week high of $58.99.

According to TipRanks.com, Suva is a 4-star analyst with an average return of 6.4% and a 60.1% success rate. Suva covers the Consumer Goods sector, focusing on stocks such as Hewlett Packard Enterprise, Electronics for Imaging, and Keysight Technologies.

Currently, the analyst consensus on Dell Technologies Inc is a Moderate Buy with an average price target of $59.56.

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The company has a one-year high of $58.99 and a one-year low of $42.02. Currently, Dell Technologies Inc has an average volume of 3.37M.

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Dell Technologies, Inc. develops, sells, repairs and supports computers and related products and services. It offers IT infrastructure services including hardware, software, cloud storage and virtual reality. VMWare is one of business of the company, which provides virtualization solutions from the desktop to the data center.

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