Susquehanna Starts Dell (DELL) at Neutral

The PC recovery 'appears weaker than expected': Citi

Citi analysts expressed concerns over the strength of the PC market recovery in a note Wednesday, stating it "appears weaker than expected" based on recent conversations with key industry players such as Intel (NASDAQ: INTC), Dell Technologies (NYSE: DELL), and Western Digital (NASDAQ: WDC).

While August notebook shipments increased by 15%... More

Palantir surges on S&P 500 addition

(Updated - September 9, 2024 7:59 AM EDT)

Palantir (NYSE: PLTR) shares surged more than 8% in premarket trading on Monday after S&P Dow Jones Indices said the company will be added to the S&P 500 index, effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance.

The software maker for data analytics will take the place... More

Dell rallies on S&P 500, Citi sees more catalysts ahead

Investing.com -- Shares of Dell Technologies (NYSE: DELL) jumped to 6.1% in pre-open trading on Monday, after the company announced its re-inclusion in the S&P 500 index, beginning September 23.

The announcement, made after market close on Friday, September 6, confirmed that Dell will officially rejoin the index. Having been a part of the S&P 500 from 1996 to 2013 before going private, Dells return to the index marks a milestone for the tech giant and signals renewed market confidence.

Analysts at Citi Research see this re-inclusion... More

Evercore ISI Reiterates Outperform Rating on Dell (DELL)

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $140.00 price target on Dell (NYSE: DELL).

The analyst comments "ALL YOU NEED TO KNOW: Following DELLs Jul-qtr print, we have fielded a TON of questions around the linearity and drivers of ISG margin ramps in H2:25 and in the out-years. The greater mix of AI servers is expected to be a headwind to gross margins, in addition to inflationary component costs, though crucially, we think there... More

Dell Technologies (DELL) call put ratio 1.6 calls to 1 put into being added to S&P 500

Dell Technologies (NYSE: DELL) 30-day option implied volatility is at 48; compared to its 52-week range of 23 to 80. Call put ratio 1.6 calls to 1 put into being added to S&P 500.

Palantir, Dell to join S&P 500

Palantir Technologies Inc. (NYSE: PLTR), Dell Technologies Inc. (NYSE: DELL), and S&P
MidCap 400 constituent Erie Indemnity Co. (NASDAQ: ERIE) will replace American Airlines Group
Inc. (NASDAQ:... More