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flag Dell shares rose on upgraded outlook, AI growth hopes, and strong credit rating ahead of key investor event.

flag Dell Technologies shares rose 3.66% to $146.97 amid positive analyst sentiment and anticipation for its October 7 analyst meeting. flag Bank of America upgraded the stock to Buy, citing strong AI server growth potential, with projections of $20 billion in revenue by fiscal 2026 and $65 billion in additional sales over five years. flag The firm also raised its price target to $170, citing 12% annual revenue and 15% earnings growth. flag Investors are positioning ahead of expected updates on long-term targets, including 9%–11% revenue growth and 13%–15% earnings growth. flag Additionally, Dell received a 'low default risk' credit rating, reflecting improved financial health and bolstering investor confidence.

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