Dell Technologies' Stock Surges After Positive Barclays Upgrade
Shares Hit Record High on Friday
Financial Forecasts Raised
New York, September 1 - Dell Technologies Inc. (DELL) shares soared to a record high on Friday after the company raised its full-year financial forecasts and received a positive upgrade from Barclays.
Barclays upgraded Dell from "Underweight" to "Equal Weight," citing the company's strong performance and increasing demand for AI-driven PCs and services. Dell has expanded its portfolio with new offerings designed to meet the growing needs of artificial intelligence.
In early trading, Dell's shares rose 4.2% to $99. By the end of the day, they had reached a new record high of $102.22.
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