Dell just turned in one of its strongest quarters in company history, and Wall Street is paying attention.

Revenue rose, profit soared, and demand for AI infrastructure kept climbing. Now one of Wall Street’s biggest names is raising its price target on the AI stock.

Goldman Sachs analyst Katherine Murphy raised her price target on Dell Technologies (DELL) to $570 from $510 while keeping a “Buy” rating, according to a research note first reported by TheFly. 

Goldman Sachs is bullish on Dell stock

To understand why Goldman Sachs (GS) has raised its Dell stock price target, it helps to look at what the company reported in the recent quarter.

Dell posted revenue of $47 billion for…