Dell Technologies stock target raised to $170 as AI server demand fuels earnings outlook

Morgan Stanley increased its price target for Dell Technologies from $110 to $170, driven by accelerating demand for AI‑related servers, PCs and enterprise hardware, while keeping an underweight rating on the stock.

Analyst Erik Woodring said the first‑quarter results are expected to be "very strong" and could prompt higher guidance, but warned the shares trade at a historic premium and face uncertainty in the second half of the year. Dell's stock rose about 0.4% to $243.88 following the news.