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5 Things To Know About The New Public Dell And Dell's Stock

Here are five things customers and partners need to know about the new public Dell Technologies after the company hit the New York Stock Exchange on Dec. 28, 2018.

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Analysts Predict Stock To Climb

Financial analysts are expecting Dell's share price to steadily climb this year. JPMorgan issued a $60 price target with analyst Paul Coster saying Dell is a formidable leader in client solutions.

"It is with fuller integration of EMC and VMware that Dell is recapturing share in the IT infrastructure market, leveraging global sales capacity, manufacturing scale, product breadth, and technology differentiation to become a one-stop IT shop for customers in all geographies and market segments," Coster said in a new report to clients.

Morgan Stanley analyst Katy Huberty also said she expects Dell's stock price to increase thanks to the company's storage push. "We see storage as the biggest opportunity to take share given the refresh of Dell's midrange product line and improving sales productivity," Huberty said in a recent note.

 
 
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