Truist raises Dell Technologies (DELL) price target to $360

DELL's enterprise server segment revenue will grow at least 12% YoY in next quarter, justifying Truist's increased price target

Following Truist's price target raise, DELL will outperform the S&P 500 by at least 8% over the next 3 months despite maintaining Hold rating

Truist's $360 price target for DELL will be achieved within 6 months, driven by improved AI server demand and margin expansion