Evercore ISI Reiterates a Buy Rating on Dell Technologies (DELL), Keeps the PT

​Dell Technologies Inc. (NYSE:DELL) is one of the Tech Stocks to Buy with the Lowest P/E Ratios. On September 8, Amit Daryanani from Evercore ISI reiterated a Buy rating on Dell Technologies Inc. (NYSE:DELL) with a price target of $160.

The analyst highlighted that the company’s financial outlook remains stable despite the recent resignation of CFO Yvonne McGill. The company notified that no changes have been made to the targets or the capital allocation plans. The analyst notes that this has reassured investors about the company’s financial health. Moreover, the company is also actively searching for a new CFO who can support its strategic goals.

​Dell Technologies Inc. (NYSE:DELL) has reaffirmed its near-term financial guidance and plans to share its long-term update on the upcoming investor day.

​Dell Technologies Inc. (NYSE:DELL) designs, manufactures, and sells a wide range of technology products and services.

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