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.