Dell To $60? These Analysts Revise Price Targets On The Computer Maker Following Q3 Results – Dell Techno – Benzinga
Dell Technologies Inc DELL reported posted better-than-expected earnings and sales results for its third quarter, but issued weak sales guidance for the fourth quarter.
Dell reported third-quarter revenue of $24.7 billion, which beat average analyst estimates of $24.53 billion. The company said third-quarter revenue was down 6% year-over-year. Dell reported third-quarter earnings of $2.30 per share, which beat estimates of $1.60 per share.
Dell shares fell 1.1% to $40.62 in pre-market trading.
These analysts made changes to their price targets on Dell following the release of quarterly results.
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