Dell stock rises after RBC starts coverage with $640 target, CNBC reports
CNBC, citing RBC Capital Markets, says Dell sold about $16.4 billion of AI servers in its second quarter.
TLDR
CNBC reports Dell shares rose on September 11 after RBC Capital Markets initiated coverage with an outperform rating and a $640 price target. The stock was up nearly 350% in 2026, CNBC says. The outlet also cites RBC’s figure of about $16.4 billion in Dell AI server sales in the second quarter.
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