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Evercore ISI Raises Dell Target to $160 on AI Server Boom

Summary by WebProNews
In a move that underscores the booming artificial intelligence sector, Evercore ISI has raised its price target on Dell Technologies Inc. to $160 from $150, maintaining an outperform rating. The upgrade, detailed in a recent analyst note, is driven by robust demand for Dell’s AI-optimized servers, with the firm citing supply-chain insights that point to sustained momentum well into fiscal 2026 and beyond. Analyst Amit Daryanani highlighted Dell’…
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WebProNews broke the news in on Wednesday, August 20, 2025.
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