Barclays analysts have upgraded Dell Technologies (DELL) from Underweight to Equal Weight, believing the stock has shed any AI-related downsides in recent...
weigh in on the note out from Barclays and whether Wall Street is viewing Dell as a buying opportunity at this moment.The note citing less downside to the stock now that most of the A I hype has been taken out of the share price.It is not a terribly effusive note in terms of praising Dell and the business prospects.
And now they feel like the stock is more at a buyable point, but it's just interesting to think about the different ways.And if the A I hype isn't actually why a stock should be going up so much, then maybe that's not a reason to be in it.To me, it's also interesting that they point out A I servers have lower gross margins because I feel like a lot of the A I discussed business is maybe higher margin.I would think a I higher margins as well.
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