The Investor
06 Oct 2026, 15:15
Dell Technologies Rises Nearly 5% as Mizuho Raises Price Target to $650
Dell Technologies (NYSE: DELL) shares gained about 4.7% after Mizuho analyst Vijay Rakesh raised the firm’s price target on the stock to $650 from $600 while maintaining an Outperform rating.
The higher target implies further upside from Dell’s current trading level near $578 and reflects continued analyst optimism around the company’s growth prospects.
Dell has been benefiting from strong demand tied to AI infrastructure, particularly servers and enterprise systems used to support accelerated computing workloads. Investor attention has remained focused on whether sustained AI spending by hyperscalers and enterprises can continue to drive higher infrastructure revenue and improve Dell’s growth profile.
Mizuho’s target increase adds to the positive sentiment around the stock, with the analyst maintaining a bullish view despite Dell’s already strong share-price performance.
The combination of the higher price target and continued enthusiasm around AI infrastructure demand appears to be supporting Dell’s advance on Tuesday.
Dell Technologies (NYSE: DELL) shares gained about 4.7% after Mizuho analyst Vijay Rakesh raised the firm’s price target on the stock to $650 from $600 while maintaining an Outperform rating.
The higher target implies further upside from Dell’s current trading level near $578 and reflects continued analyst optimism around the company’s growth prospects.
Dell has been benefiting from strong demand tied to AI infrastructure, particularly servers and enterprise systems used to support accelerated computing workloads. Investor attention has remained focused on whether sustained AI spending by hyperscalers and enterprises can continue to drive higher infrastructure revenue and improve Dell’s growth profile.
Mizuho’s target increase adds to the positive sentiment around the stock, with the analyst maintaining a bullish view despite Dell’s already strong share-price performance.
The combination of the higher price target and continued enthusiasm around AI infrastructure demand appears to be supporting Dell’s advance on Tuesday.
