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Goldman Sachs Raises Dell Stock Price Target to $510 on Strong Agentic AI Demand

Goldman Sachs Raises Dell Stock Price Target to $510 on Strong Agentic AI Demand

Key Stats for Dell Stock

  • Price change for Dell stock in the last 6 months: 312%
  • $DELL Stock Price as of Aug. 12: $485
  • 52-Week High: $486
  • $DELL Stock Price Target: $501

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What Happened?

Goldman Sachs just gave Dell (DELL) stock a vote of confidence. The bank raised its price target on Dell stock to $510 from $500, keeping its Buy rating in place. That new target points to 14% upside from where the stock closed on Tuesday.

Analyst Katherine Murphy says agentic AI is the reason. As companies roll out AI agents across their operations, they need more storage to feed those systems with data. Murphy…

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