Goldman Sachs Initiates Coverage On Dell Technologies (NYSE:DELL) With Buy Rating
Goldman Sachs analyst Michael Ng initiates coverage on Dell Technologies (NYSE:DELL) with a Buy rating.
Stock News & Forecast & Price target & Analyst Ratings & Estimates
Goldman Sachs analyst Michael Ng initiates coverage on Dell Technologies (NYSE:DELL) with a Buy rating.
Morgan Stanley: Lowered Dell Technologies (NYSE:DELL) price target to $45 from $47
Deutsche Bank: Cuts Dell Technologies (NYSE:DELL) price target to $45 from $48
Raymond James analyst Simon Leopold maintains Dell Technologies (NYSE:DELL) with a Outperform and lowers the price target from $50 to $45.
Dell (NYSE:DELL) Raises quarterly Dividend From $0.33 To $0.37.
March 2, 2023 – Dell Technologies (NYSE:DELL) Delivers Fourth Quarter and Full Year Fiscal 2023 Financial Results。 Dell Technologies (NYSE:DELL) reported fiscal Q4 2023 non-GAAP earnings of $1.80 per diluted share, Analysts polled by Capital IQ expected $1.64. Revenue for the quarter ended Feb. 3 was $25.04 billion, Analysts polled by Capital IQ expected $23.51 billion. Dell ended the quarter with remaining performance obligations of $40 billion, deferred revenue of $30.3 billion and recurring revenue of approximately $5.6 billion, up 12% year-over-year. Cash and investments were $10.2 billion, and $3.8 billion was returned to shareholders in fiscal year 2023 through share repurchases and dividends. The company will increase its annual cash dividend by 12% to $1.48 per common share, with $0.37 per common share for the first quarterly distribution payable on May 5 to shareholders of record as of April 25. business outlook Sweet saids Revenue for the full fiscal year 2024…