Dell gets a fresh Wall Street glow-up

Wall Street’s Dell obsession continues

Dell popped back onto analysts’ radar Thursday, with Goldman Sachs raising its price target to $215 from $195 and sticking with a Buy. That’s a nice little vote of confidence for a stock that’s been trying to convince everyone it’s not just the laptop company your office bought in 2014.

Why this matters

Dell’s become one of the market’s favorite AI-adjacent names because it sells the gear companies need to actually run all those hungry models — servers, storage, and the rest of the data-center plumbing. So when a big bank nudges its target higher, it’s basically saying, “Yeah, the AI infrastructure trade still has legs.”

The bigger analyst buffet

This note was part of a broader analyst roundup that also touched PayPal, Ciena, TSMC, Intel, Morgan Stanley, Waste Management, PNC, and Ares Capital. Translation: Wall Street is still in full “tweak the spreadsheet, move the target, sound informed” mode.

Big picture

For Dell investors, the headline isn’t just the higher target — it’s that analysts still see room for the AI hardware story to run. If enterprise spending keeps showing up, Dell gets to keep playing the role of the company selling the shovels in the gold rush.