Dell and Palo Alto Networks Stock Targets Raised on AI and Cybersecurity Momentum

Analysts at Argus raised Dell Technologies' 12‑month price target to $460 from $200 and reaffirmed a "buy" rating, citing the company’s strong quarterly earnings, elevated revenue and profit forecasts, and growing demand for AI‑driven infrastructure and AI‑PCs. The report also noted higher memory costs as a risk but expected the AI growth to offset this pressure.

Meanwhile, BTIG analyst Gray Powell increased Palo Alto Networks' price target to $333 from $268, maintaining a "buy" rating. The upgrade follows better‑than‑expected quarterly results, a successful platform strategy rollout, and accelerating growth in secure access service edge (SASE) and network security solutions. BTIG projects the firm can sustain at least 15% annual growth, despite a modest short‑term share pullback.

Both upgrades reflect heightened investor optimism around AI and cybersecurity markets, positioning the two U.S. tech firms for continued revenue expansion.