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Why Morgan Stanley Raised Its Price Target for Dell Ahead of Earnings Next Week

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Summary
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80% Informative

The bank raised its price target for Dell stock to $ 126 from $ 89 , a more than 40% increase.

The revision brings Morgan Stanley more in line with the analyst consensus of $ 131 , which is tracked by Visible Alpha .

The company could see nearly $20 billion in AI server revenue this year , analysts added.

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