Dell (NASDAQ:DELL) had its price target upped by Citigroup from $70.00 to $85.00 in a research note published on Tuesday, The Fly reports. They currently have a buy rating on the technology company’s stock.

Several other research firms also recently issued reports on DELL. Raymond James boosted their price objective on shares of Dell from $64.00 to $74.00 and gave the stock an outperform rating in a research note on Thursday, May 2nd. Zacks Investment Research upgraded shares of Dell from a sell rating to a hold rating in a research note on Wednesday, May 1st. JPMorgan Chase & Co. boosted their price objective on shares of Dell from $68.00 to $77.00 and gave the stock an overweight rating in a research note on Monday, April 15th. Credit Suisse Group assumed coverage on shares of Dell in a research note on Thursday, April 11th. They set a neutral rating and a $65.00 price objective for the company. Finally, BMO Capital Markets boosted their price objective on shares of Dell from $48.00 to $52.00 and gave the stock a market perform rating in a research note on Monday, March 4th. Five research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. Dell has a consensus rating of Buy and a consensus target price of $64.91.

DELL opened at $65.70 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 2.81. Dell has a 52-week low of $42.02 and a 52-week high of $70.55. The company has a market cap of $49.58 billion, a price-to-earnings ratio of 10.65 and a beta of 0.47.

Dell (NASDAQ:DELL) last released its quarterly earnings data on Friday, March 29th. The technology company reported $4.58 earnings per share (EPS) for the quarter. Dell had a negative net margin of 2.84% and a positive return on equity of 31.57%. The company had revenue of $23.84 billion during the quarter. On average, research analysts predict that Dell will post 6.23 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently bought and sold shares of DELL. Hanson McClain Inc. lifted its position in shares of Dell by 823.4% during the first quarter. Hanson McClain Inc. now owns 434 shares of the technology company’s stock worth $25,000 after purchasing an additional 387 shares in the last quarter. Trustcore Financial Services LLC acquired a new position in shares of Dell during the first quarter worth $26,000. Israel Discount Bank of New York acquired a new position in shares of Dell during the first quarter worth $27,000. B.S. Pension Fund Trustee Ltd acting for the British Steel Pension Fund acquired a new position in shares of Dell during the first quarter worth $27,000. Finally, Optimum Investment Advisors acquired a new position in shares of Dell during the fourth quarter worth $28,000. 22.92% of the stock is currently owned by institutional investors and hedge funds.

About Dell

Dell Inc (Dell) is a global information technology company that offers its customers a range of solutions and services delivered directly by Dell and through other distribution channels. Dell is a holding company that conducts its business worldwide through its subsidiaries. The Company operates in four segments: Large Enterprise, Public, Small and Medium Business, and Consumer.

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