Dell Technologies Rises 4% in Pre-Market Trading, Goldman Sachs Target Price Upgrade and Lenovo Earnings Boost Sentiment

Market Focus

Aug 13

On August 13, Dell Technologies Inc. rose 3.97% in pre-market trading, trading at $503.74/share.

On the news front, Goldman Sachs raised its target price on Dell from $500 to $510 on August 12, maintaining a Buy rating, effectively countering the bearish sentiment triggered by Morgan Stanley's earlier downgrade from $477 to $430 on August 11 that had sent shares tumbling over 5%. According to FactSet, analysts maintain an average Overweight rating on Dell with a mean target price of $506.14.

Additionally, Lenovo Group's strong earnings results provided a further tailwind, lifting AI server suppliers broadly in overnight trading. As a key participant in the AI server space, Dell benefited from sector-wide momentum, with Super Micro Computer and other peers also advancing. The combination of Goldman Sachs' contrarian upgrade and positive industry-level catalysts continues to support investor confidence heading into pre-market trading.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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According to FactSet, analysts maintain an average Overweight rating on Dell with a mean target price of $506.14.</p><p style=\"text-align: left;\">Additionally, Lenovo Group&#39;s strong earnings results provided a further tailwind, lifting AI server suppliers broadly in overnight trading. As a key participant in the AI server space, Dell benefited from sector-wide momentum, with Super Micro Computer and other peers also advancing. The combination of Goldman Sachs&#39; contrarian upgrade and positive industry-level catalysts continues to support investor confidence heading into pre-market trading.</p><p style=\"text-align: left;\">(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. 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It does not constitute investment advice or a basis for trading decisions.)</p><p style=\"text-align: left;\"></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DELL","symbol_name":"戴尔","start_time":0,"source_url":"","article_id":"1173890474","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1173890474","pubTimestamp":1786611241,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 13, Dell Technologies Inc. rose 3.89% in pre-market trading, trading at $502.44/share, with turnover of $6.80 million.On the news front, Goldman Sachs raised its target price on Dell from...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"DELL":"戴尔"},"translate_title":"走势警报|戴尔科技公司盘前交易上涨 3.89%，高盛上调目标价和联想盈利提振市场情绪","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/52f897aafb120be40d7f2fafea5d9349","symbols_score_info":{"DELL":1},"content_text":"On August 13, Dell Technologies Inc. rose 3.97% in pre-market trading, trading at $503.74/share.On the news front, Goldman Sachs raised its target price on Dell from $500 to $510 on August 12, maintaining a Buy rating, effectively countering the bearish sentiment triggered by Morgan Stanley's earlier downgrade from $477 to $430 on August 11 that had sent shares tumbling over 5%. According to FactSet, analysts maintain an average Overweight rating on Dell with a mean target price of $506.14.Additionally, Lenovo Group's strong earnings results provided a further tailwind, lifting AI server suppliers broadly in overnight trading. As a key participant in the AI server space, Dell benefited from sector-wide momentum, with Super Micro Computer and other peers also advancing. The combination of Goldman Sachs' contrarian upgrade and positive industry-level catalysts continues to support investor confidence heading into pre-market trading.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}