Evercore ISI raised Dell Technologies Inc. (DELL) price target to $180 from $160, citing potential benefits from a $5.8 billion order for ancillary equipment following IREN’s $9.7 billion contract with Microsoft. Dell’s Tier 2 customer base, including CoreWeave and xAI, is expected to grow, with IREN accounting for 25% of Dell’s total AI revenue. Dell announced advancements in its AI Data Platform integrating NVIDIA’s design for faster insights. The platform offers enhanced scalability and performance with PowerScale and ObjectScale. Dell Technologies Inc. (DELL) offers a wide range of IT solutions and infrastructure products.

Read more at Yahoo Finance: Evercore ISI Lifts Dell Technologies Inc. (DELL) Price Target Following $5.8 Order Deal