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Wajeeh Khan

This Analyst Just Cut His Price Target on Dell Stock. Here's Why.

Dell GF Securities Nvidia Dell Technologies SMCI SPCX

Investors should consider taking profits in Dell Technologies (DELL) following its explosive year-to-date rally, says Evan Lee, a senior GF Securities analyst. In a research note this morning, Lee lowered his price target on DELL to $403, signaling potential downside of roughly 12% from current levels.

Dell stock has been a lucrative investment in 2026, currently trading at more than 3.5x its price at the start of this year.

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