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Dell Stock Gets an Upgrade. Why This Analyst Isn’t All-In Yet.

Dell Stock Gets an Upgrade. Why This Analyst Isn’t All-In Yet.

Dell Technologies stock was rising Tuesday after a Barclays analyst upgraded shares ahead of earnings later in the month. Tim Long upgraded shares of Dell to Equal Weight from Underweight and reiterated his $97 price target on the stock. Dell stock slumped after reporting financial results in May, even though the company posted an earnings and revenue beat for the quarter.