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UBS Raises Dell Price Target to $440 as Shares Jump in Premarket Trading

Bitget says Dell shares rose 37.13% to $434.76 in premarket trading on May 29 after UBS increased its target from $243.

Summary

UBS increased its price target for Dell to $440 from $243. According to Bitget, Dell shares climbed 37.13% in premarket trading to $434.76 on May 29. The move shows a sharp positive market reaction following the updated analyst target.

Terms & Concepts
  • Price target: An analyst’s estimate of where a stock could trade over a set period, often used to signal expected upside or downside.
  • Premarket trading: Trading that takes place before regular stock market hours, often reflecting early reactions to news or analyst updates.