Raymond James Lifts PT on Dell Technologies (DELL) to $152 From $150, Keeps an Outperform Rating

Dell Technologies Inc. (NYSE:DELL) is one of the best affordable growth stocks to buy. On August 29, Raymond James raised the firm’s price target on Dell Technologies Inc. (NYSE:DELL) to $152 from $150, keeping an Outperform rating on the shares.

The rating update came after Dell Technologies Inc. (NYSE:DELL) reported a fiscal Q2 beat and increased full-year sales and EPS guidance.

The firm expressed surprise to see that the stock was indicated down about 5% in after-hours. However, it anticipates the shares to recover “once investors absorb all the moving pieces.”

Dell Technologies Inc. (NYSE:DELL) is a technology company that offers customers an innovative and broad solution portfolio to help customers address workforce transformation, modernize their information technology (IT) infrastructure, and offer critical solutions to keep organizations and people connected.

Its operations are divided into the following segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG).

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Disclosure: None. This article is originally published at Insider Monkey.