Dell (DELL) shares jumped to a record high on Wednesday after Morgan Stanley reiterated its Buy rating and raised its price target to $152. The company has gained momentum as the artificial intelligence race heats up and the PC market improves. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
Morgan Stanley analyst Erik Woodring increased his price target for the computer maker to $152 from $128.
Dell stock is "the best way to play" the artificial intelligence infrastructure buildout, investment bank Morgan Stanley said Wednesday.