14 AI News and Ratings Making Waves on Wall Street

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7. Dell Technologies Inc. (NYSE:DELL)

Number of Hedge Fund Holders: 63

Dell Technologies Inc. (NYSE:DELL) provides integrated IT solutions, including servers, storage, networking, PCs, and related services for businesses, governments, and consumers worldwide.

On March 27, Morgan Stanley reaffirmed its Overweight rating on Dell with a $128 price target, pointing toward a likely increase in AI server orders from a major Tier-2 cloud service provider. Analyst Erik Woodring referenced Howard Kao’s revised forecast for Wistron’s GB200 rack shipments, which rose from 2.5K to around 4K due to rising demand from major U.S. enterprise customers. With Wistron as Dell’s primary GB200 ODM partner, the increase is seen as a positive indicator for Dell’s AI server backlog and revenue in FY26. While the specific customer remains unclear, the firm expects shipment momentum to build in Q2 2025.

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